Japan, BOJ must discuss relations when new central bank head is chosen, Kishida says By Reuters

© Reuters. Japanese Prime Minister Fumio Kishida speaks during a news conference at the prime minister’s official residence in Tokyo, Japan October 14, 2021. Eugene Hoshiko/Pool via REUTERS

TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida said on Sunday the government and the central bank must discuss their relationship with each other in guiding economic policy, when a new Bank of Japan (BOJ) governor is chosen in April.

“In guiding monetary policy, policymakers must have a view on the outlook for the economy. There needs to be careful communication and dialogue with markets,” Kishida said in a television programme, when asked whether the BOJ needs to tweak it ultra-loose monetary policy.

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