Finance Minister Katayama Affirms Monetary Policy Decisions Rest with Bank of Japan

Finance Minister Katayama Affirms Monetary Policy Decisions Rest with Bank of Japan

Katayama emphasized that the Bank of Japan holds responsibility for determining specific monetary policy measures, according to NHK News.

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Terms & Concepts
  • Monetary Policy: Actions by a central bank to control money supply and interest rates to achieve economic objectives.
  • Bank of Japan: The central bank of Japan, responsible for issuing currency and implementing monetary policy.