Japan’s Suzuki: Will accelerate addressing issues with energy, food price hikes
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Japanese Finance Minister Shunichi Suzuki said in a statement following the country’s Consumer Price Index (CPI) data release, the government “will accelerate the implementation of measures adopted by extra budget to cope with energy and food price hikes.”
“ETF purchases by the BoJ is part of BoJ’s easing policy.”
“Don’t think BoJ ETF purchases are having negative influence on individuals’ asset formation.”
“Up to the BoJ to decide on how to dispose of its ETF holding.”
“Expects the Bank of Japan to conduct policy appropriately.”
“Closely watching energy, food price increase, and their impact on people’s livelihoods.”
USD/JPY is holding lower ground near 136.50 on the above comments, down 0.14% on the day.
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