Japan’s Kiuchi: No comment on market expectations of BoJ rate hike
Japan's Economy Minister, Minoru Kiuchi, said on Tuesday that he will participate in today's Bank of Japan (BoJ) meeting. Kiuchi added that he strongly hopes the central bank communicates and collaborates with govthe government sustainably and stably reach the 2% inflation target.
Key quotes
Will participate in today's BoJ meeting
No comment on market expectations of BoJ rate hike today.
Strongly hopes BoJ communicates, collaborates with government to sustainably, stably reach 2% inflation target.
Market reaction
At the time of writing, the USD/JPY pair is trading 0.05% lower on the day to trade at 160.25.
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