Japan's govt hopes BOJ guides policy flexibly for higher wages

Kitco Media
By Reuters
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Updated:
Reuters
TOKYO, Feb 16 (Reuters) - Japan's government hopes the central bank guides monetary policy flexibly to help achieve higher wages and sustained achievement of its 2% inflation target, Chief Cabinet Secretary Hirokazu Matsuno said on Thursday. Matsuno made the comment at a regular news conference, when asked whether the government's appointment of academic Kazuo Ueda as new Bank of Japan (BOJ) governor could lead to a retreat from former Prime Minister Shinzo Abe's "Abenomics" stimulus policies. (Reporting by Leika Kihara; Editing by Jacqueline Wong)

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