Japan’s Akazawa: Specific monetary policy up to the BoJ to decide

Japan’s Deputy Finance Minister Ryosei Akazawa said on Wednesday, “specific monetary policy up to the Bank of Japan (BoJ) to decide.” Akazawa said that he “expected the Bank of Japan to conduct monetary policy appropriately as it strives to achieve its 2% inflation target swiftly.” Market reaction At the time of writing, USD/JPY is up 0.08% on the day to trade at 150.50.