Japan’s Prime Minister Fumio Kishida said, according to Reuters. “Specific monetary policy measures are up to the Bank of Japan (BoJ), including yield curve management, negative interest rate, and ETF purchase.”
The BoJ and the government have committed to work closely together to implement innovative policies that aim for economic development with pay increases and sustainable, stable accomplishment of the inflation objective.
Since the new BoJ governor has not been chosen, it is premature to contemplate the possibility of modifying the joint statement between the government and the BoJ. will consider future economic trends when making the right choice for the next BoJ governor. will choose the following BoJ governor based on the candidate’s qualifications when the current governor Kuroda’s tenure expires on April 8.