Katayama reiterates government focus on economic policies but declines comment on BoJ decisions until further updates.
Japan’s Finance Minister Satsuki Katayama emphasized the government’s responsibility in conducting economic and fiscal policies during Tuesday’s European trading session. She avoided commenting on Bank of Japan (BoJ) decisions ahead of remarks from the BoJ deputy governor, citing procedural protocol.
The yen showed minimal reaction to Katayama’s statements, with USD/JPY trading marginally lower near 160.25. The BoJ’s ultra-loose monetary policy over the past decade has contributed to yen depreciation, though recent policy shifts have provided limited support.
Katayama also noted the government is verifying the status of previously promised operations but did not elaborate on specifics.