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Japan fin min Suzuki speaking ahead of the Bank of Japan meeting

Japan finance minister Suzuki statements:

  • Expects the Bank of Japan to guide policy appropriately, taking prices and the economy into account
  • specific monetary policy is up to the BOJ

He hasn’t said anything as yet on the yen.

Earlier today the MoF said the government is to spend JPY 3.48tln in budget reserves to manage price hikes and COVID-19.

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