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- Japan’s PM Kishida: Should not tweak monetary policy now
Japan’s PM Kishida: Should not tweak monetary policy now
Japanese Prime Minister Fumio Kishida said on Tuesday, the monetary policy should not be tweaked now.
Additional quotes
Monetary policy must be considered holistically as it affects not only FX, but also interest rates for small businesses.
Monetary policy has big impacts on economy through small firms' interest rates, housing mortgages.
Market reaction
Kishida’s comments triggered a fresh yen selling vs. the US dollar, driving USD/JPY to 135.12.
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