'Significant' reform adjustment, monetary policy should be left to the Bank of Japan: Finance Minister Katayama
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Nobuhiro Kubo [Tokyo, April 10 (Reuters)] - Finance Minister Satsuki Katayama announced at a post-Cabinet conference on the morning of the 10th that the ruling party is coordinating to revise the original draft of the ``Basic Policies for Economic and Fiscal Management and Reform'' (substantial policies), which is considered to be one of the reasons for the rise in long-term interest rates.
Nobuhiro Kubo [Tokyo, April 10 (Reuters)] - Finance Minister Satsuki Katayama announced at a post-Cabinet conference on the morning of the 10th that the ruling party is coordinating to revise the original draft of the ``Basic Policies for Economic and Fiscal Management and Reform'' (substantial policies), which is considered to be one of the reasons for the rise in long-term interest rates. He cited Article 3 of the Bank of Japan Act, which stipulates respecting the Bank of Japan's autonomy, and emphasized that the specific methods of monetary policy should be left to the Bank of Japan. Mr. Katayama said, ``As a ``big-boned shock''...
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