Minister of Finance Suzuki met with BOJ Governor Kuroda for the first time after the inauguration of the Kishida Cabinet, and reaffirmed that the government and the Bank of Japan will continue to work together to achieve the 2% inflation target.
On the afternoon of the 2nd, Minister of Finance Suzuki and Minister of Economic Revitalization Yamagiwa met with Governor Kuroda of the Bank of Japan.
This is the first time that the two ministers have had a direct meeting with Governor Kuroda since the inauguration of the Kishida Cabinet.
At the meeting, opinions will be exchanged on economic and financial conditions, and the joint statement of the government and the Bank of Japan in January 2013, which set a target of a price increase rate of 2%, will continue to cooperate toward the achievement of the target. It means that I confirmed again.
After the meeting, Minister Suzuki told reporters, "I hope that the Bank of Japan will continue to make every effort to maintain the stability of financial markets and make efforts to achieve price stability targets." I did.
Minister Yamagiwa said, "While the BOJ and the government are working closely together, the BOJ will aim for a price stability target of 2% and we will move forward with our economic growth strategy."
The Bank of Japan has continued large-scale monetary easing for more than eight years, but has not achieved its price targets, and strengthening cooperation with the government has become a major issue.