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Japan govt respects BOJ's monetary policy independence -Finance Minister

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TOKYO : Japan's government respects the Bank of Japan's independence in guiding monetary policy, Finance Minister Shunichi Suzuki said on Tuesday.The government will monitor U.S. monetary policy trends and market moves, Suzuki said, when asked about market fluctuations following a speech by Federal Reserv

TOKYO : Japan's government respects the Bank of Japan's independence in guiding monetary policy, Finance Minister Shunichi Suzuki said on Tuesday.

The government will monitor U.S. monetary policy trends and market moves, Suzuki said, when asked about market fluctuations following a speech by Federal Reserve Chair Jerome Powell at the annual Jackson Hole symposium. Foreign exchange rates change from time to time and are determined by fundamentals, Suzuki told the regular news conference.

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