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Japan’s Finance Minister Defers to BoJ on Monetary Policy Amid US Treasury’s Tightening Call

Elena by Elena
08/06/2025
in Central Bank
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Japan’s Finance Minister Katsunobu Kato reaffirmed that decisions on monetary policy rest solely with the Bank of Japan (BoJ), responding to the recent US Treasury report urging further tightening.

On Thursday, the US Treasury Department recommended that the BoJ continue monetary tightening to help stabilize the yen’s weakness and promote a more balanced trade relationship between the two nations.

Market reaction has been muted, with the USD/JPY pair maintaining modest intraday gains for the second consecutive day. The pair currently hovers around the 143.65-143.70 range, staying within its recent weekly trading corridor as investors await the crucial US Nonfarm Payrolls (NFP) data later today.

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Elena

Elena

Elena, a seasoned foreign exchange trader with a proven track record in the dynamic world of currency markets, brings a wealth of expertise and professionalism to the financial realm. With an extensive background spanning over a decade, she has honed her skills in analyzing global economic trends and implementing strategic trading solutions. Known for her meticulous attention to detail and analytical prowess, Elena has navigated through volatile market conditions with finesse, consistently delivering impressive results for her clients. Her comprehensive understanding of macroeconomic indicators, coupled with a keen awareness of geopolitical events, allows her to make informed decisions that optimize trading portfolios. Elena's commitment to staying ahead of the curve is evident in her continuous pursuit of knowledge and mastery of cutting-edge trading technologies. Her disciplined approach to risk management ensures prudent investment strategies, instilling confidence in both colleagues and clients alike.

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Central Bank

Japan’s Finance Minister Defers to BoJ on Monetary Policy Amid US Treasury’s Tightening Call

by Elena
08/06/2025

Japan’s Finance Minister Katsunobu Kato reaffirmed that decisions on monetary policy rest solely with the Bank of Japan (BoJ), responding...

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  • Japan’s Finance Minister Defers to BoJ on Monetary Policy Amid US Treasury’s Tightening Call 08/06/2025
  • EUR/GBP Gains for Third Day After ECB Rate Cut Amid Mixed UK Trade Sentiment 08/06/2025
  • Do Banks Take Old Coins in South Africa: A Quick Guide 08/06/2025
  • Can You Still Use 10 Cents in South Africa: A Quick Guide 08/06/2025
  • Current Exchange Rate: 100 Thai Baht in Malaysian Ringgit 08/06/2025

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