Japan’s Matsuno: BoJ has jurisdiction over monetary policy

Japanese Chief Cabinet Secretary Hirokazu Matsuno said on Thursday, the Bank of Japan (BoJ) has jurisdiction over monetary policy.

Additional quotes

“Hopes BoJ works closely with government, conducts monetary policy flexibly with eyes on economic, price, financial developments.”

“Government, BoJ will guide policy to achieve structural wage rise, stable and sustained achievement of price target.”

Market reaction

USD/JPY was last seen trading at 133.72, still down 0.28% on the day.