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Private-sector members of Japan's key economic advisory panel said the government and Bank of Japan should coordinate closely while respecting the BOJ's independence. Economy Minister Minoru Kiuchi said the two sides maintain close communication and do not have any major discrepancy on economic and price conditions.
By Makiko YamazakiPrivate-sector members of Japan's key economic advisory panel reiterated the need for close coordination on monetary policy between the government and the Bank of Japan on Wednesday, while stressing respect for the central bank's independence.The recommendations by the four privat…
Private-sector members of Japan's economic advisory panel said the government and the Bank of Japan should coordinate closely while respecting the central bank's independence. The statement comes as Japan's long-term interest rates have risen sharply and markets scrutinise fiscal and monetary policy.
Private-Sector Members Of Japan's Key Economic Advisory Panel Call For Close BoJ-Government Coordination, Stress Respect For Central Bank Independence
By Makiko YamazakiPrivate-sector members of Japan's key economic advisory panel reiterated on Wednesday the need for close coordination between the government and the Bank of Japan on monetary policy, while explicitly stressing respect for the central bank's independence.The recommendations by the…