Japan PM urges BOJ to strive to achieve 2% inflation goal
FILE PHOTO: Fumio Kishida, Japan's prime minister, speaks at a news conference following the Quadrilateral Security Dialogue (Quad) leaders meeting at the prime minister's official residence in Tokyo, Japan May 24, 2022. Kiyoshi Ota/Pool via REUTERS
TOKYO : Japanese Prime Minister Fumio Kishida urged on Thursday for the Bank of Japan to work toward achieving its 2 per cent inflation target "sustainably and stably".
"I hope the BOJ will exert efforts based on the 2013 joint statement with the government," Kishida told the lower house budget committee.
He said there was no doubt rapid currency moves were undesirable, when asked about a weak yen, but declined to comment on currency levels.
Source: Reuters
