TOKYO, June 4 (Reuters) – Japan’s government expects the Bank of Japan to conduct appropriate monetary policy toward a sustainable 2% inflation target that is driven by wage growth in close coordination with the government, Chief Cabinet Secretary Minoru Kihara said on Thursday.
Asked about the BOJ governor’s Wednesday remarks, Kihara declined to comment on specific views, only saying the government and the BOJ have had and will continue having “sufficient communication” in occasions such as the meeting between the governor and Prime Minister Sanae Takaichi last month.
“Specific methods of monetary policy should be left to the BOJ,” Kihara told a regular briefing, repeating the government’s usual remarks on the central bank.
(Reporting by Kantaro Komiya; Editing by Muralikumar Anantharaman)
