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Japan Ishihara: wants BoJ to continue working to meet price target

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Japanese Economy Minister Nobuteru Ishihara said on Tuesday he wants the Bank of Japan (BoJ) to continue working to meet its 2 per cent inflation target.

[TOKYO] Japanese Economy Minister Nobuteru Ishihara said on Tuesday he wants the Bank of Japan (BoJ) to continue working to meet its 2 per cent inflation target.

Ishihara, speaking to reporters, said the BOJ's adoption last week of negative rates is positive for capital expenditure and the housing market.

Ishihara also said he needs more time to monitor the impact of the BOJ's negative rate policy.

REUTERS

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