TOKYO :A possible revision to a joint Japanese government and Bank of Japan statement that focuses on pulling the country out of deflation must be discussed with the new BOJ governor, Finance Minister Shunichi Suzuki said.
"But the goals mentioned in the joint statement, such as the need to pull Japan out of deflation and achieve stable economic growth, remain important policy challenges," Suzuki said. Some analysts say a revision to the statement signed a decade ago would allow the BOJ to tweak its ultra-loose monetary policy more flexibly, and could heighten market expectations of a near-term end to its yield control policy.
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