New PM Shigeru Ishiba Confirms Stability in Japan's Monetary Policy

Japan's incoming prime minister, Shigeru Ishiba, affirmed that the country's accommodative monetary policy will remain unchanged. Ishiba emphasized a collaborative role for both the government and the Bank of Japan in fostering economic growth, while refraining from making specific demands on the central bank.


Devdiscourse News Desk | Tokyo | Updated: 27-09-2024 20:18 IST | Created: 27-09-2024 20:18 IST
New PM Shigeru Ishiba Confirms Stability in Japan's Monetary Policy
Shigeru Ishiba
  • Country:
  • Japan

Japan's incoming prime minister, Shigeru Ishiba, declared on Friday that there will be no change to the country's accommodative monetary policy trend.

Ishiba stated that both the government and the Bank of Japan have roles to play in achieving economic growth. He emphasized that he has no intention of making any specific request to the central bank regarding monetary policy.

(With inputs from agencies.)

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