JAPAN MOF'S MIMURA COMMENTS ON ECONOMIC OUTLOOK AND BOJ POLICIES
JAPAN MOF'S MIMURA COMMENTS ON ECONOMIC OUTLOOK AND BOJ POLICIES
Japan’s Ministry of Finance (MOF) official Mimura emphasized the need to monitor the sustainability of China's recent export growth.
Mimura noted weak real consumption in Japan.
He also highlighted the importance of watching the new U.S.
administration’s moves on foreign exchange (forex).
Mimura cautioned about the impact of the Bank of Japan's (BOJ) decisions but did not comment on specific monetary policies.
Japan's real wage trends are influenced by import prices.
The government is in communication with the BOJ through various channels.
Mimura stated that the BOJ's decision at this week’s policy meeting will be based on its independence.
