Japan’s newly appointed Economy Minister Ryosei Akazawa said on Tuesday that he wants the Bank of Japan (BoJ) to decide on future rate hikes carefully.
Additional quotes
Should not do anything that would cool economy for a while.
Taking Japan completely out of deflation is top priority.
Market reaction
USD/JPY was last seen trading at 143.75, up 0.08% on the day.
Source: https://www.fxstreet.com/news/japans-akazawa-want-the-boj-to-decide-on-future-rate-hikes-carefully-202410010851