Japan PM Kishida: Specific monetary policy tools are up to the BoJ to decide

Market news

26 January 2023

Japan PM Kishida: Specific monetary policy tools are up to the BoJ to decide

Japanese Prime Minister (PM) Fumio Kishida reiterated in a statement on Thursday, “specific monetary policy tools are up to the BoJ (Bank of Japan) to decide.”

Additional quotes

“Expect BOJ to continue conducting appropriate policy in cooperation with the government.”

“No comment on whether to review joint statement between government and BoJ.”

Market reaction

USD/JPY is off the highs, currently trading at 129.77, up 0.15% on the day. Investors are resorting to repositioning ahead of the US GDP release.

Currencies. Daily history for Thursday, January 26, 2023

Commodities. Daily history for Wednesday, January 25, 2023

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