Japan’s Kato: Will closely monitor discussions at BoJ’s policy meeting next week

Japan’s Finance Minister Katsunobu Kato said on Wednesday that he “will closely monitor discussions at the Bank of Japan (BoJ) policy meeting next week.”

Additional quotes

Expect the BoJ to conduct monetary policy appropriately.

Believe the BoJ is playing its role based on its accord with government.

Up to the BoJ to decide on monetary policy.

Market reaction

USD/JPY is losing 0.40% on the day to trade near 157.30 following these above comments.