Bank of Japan Governor Kazuo Ueda met with Prime Minister Sanae Takaichi on Friday to explain the central bank’s monetary policy approach.
Ueda declined to address market speculation about a potential June interest rate increase.
Both parties agreed to maintain close coordination between the central bank and government.
Takaichi expressed hope that the BOJ would conduct appropriate policy while considering government measures to cushion inflation’s impact.
Ueda described the meeting as beneficial, covering economic conditions, price developments, and market movements.
