Ishiba says he won’t intervene in the BoJ’s rate policy


FILE PHOTO: Shigeru Ishiba, the newly elected leader of Japan's ruling party, the Liberal Democratic Party (LDP) holds a press conference after the LDP leadership election, in Tokyo, Japan September 27, 2024. REUTERS/Kim Kyung-Hoon/Pool/File Photo

TOKYO: Japanese Prime Minister Shigeru Ishiba says he will not intervene in monetary policy affairs, as the central bank is mandated to achieve price stability.

“It’s important to avoid vocally intervening” in monetary policy affairs, or appear as if he was doing so, Ishiba said in a news conference gathering leaders of major parties last Saturday, ahead of the Oct 27 general election.

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