TOKYO, Jan 18: Japanese Finance Minister Taro Aso said on Friday he discussed a statement on monetary policy that the government will issue with the Bank of Japan during a meeting with the central bank governor and the economics minister.
Aso told reporters he wants to produce some type of document after the BOJ’s monetary policy meeting ends on Tuesday.
The BOJ will consider scrapping its 0.1 percent floor on short-term interest rates and pledging to buy assets open-endedly until 2 percent inflation is foreseen, sources familiar with the central bank’s thinking said.
The government has been pressuring the BOJ to adopt a 2 percent inflation target and make job creation part of its monetary policy mandate.
(AGENCIES)
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