Japan’s PM Kishida: Should not tweak monetary policy now

Market news

21 June 2022

Japan’s PM Kishida: Should not tweak monetary policy now

Japanese Prime Minister Fumio Kishida said on Tuesday, the monetary policy should not be tweaked now.

Additional quotes

Monetary policy must be considered holistically as it affects not only FX, but also interest rates for small businesses.

Monetary policy has big impacts on economy through small firms' interest rates, housing mortgages.

Market reaction

Kishida’s comments triggered a fresh yen selling vs. the US dollar, driving USD/JPY to 135.12.

Currencies. Daily history for Tuesday, June 21, 2022

Commodities. Daily history for Monday, June 20, 2022

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