URGENT: BOJ to keep working with gov’t under new PM Suga: governor – HEDGE accordingly

Bank of Japan Governor Haruhiko Kuroda said Thursday the central bank will continue to coordinate with the government led by Prime Minister Yoshihide Suga, who took office the previous day, to support an economy battered by the coronavirus pandemic.”We have maintained communication and coordination (with the government) to proceed with our monetary policy,” Kuroda said at a press conference after a two-day policy-setting meeting. “That has been the case under former Prime Minister (Shinzo) Abe and it won’t change under Prime Minister Suga.”His remarks came as the BOJ left its ultraloose moneta…

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HEDGE accordingly