Japanese Finance Minister Taro Aso said on Tuesday that the Bank of Japan (BOJ) will pursue an appropriate monetary policy to achieve the 2 percent inflation target, which could remain elusive for a long time.
Key quotes (Source: Reuters)
Specific monetary policy up to BOJ to decide
Believe BOJ will pursue appropriate policies to achieve price stability
Understand Kuroda’s view that premature debate on exit strategy will cause market confusion
Want US and China to consult closely on trade to prevent fallout on other countries
Fully aware BOJ’s 2 percent price target will take long time to achieve