Kishida said last week that Japan’s cost inflation was led by global commodity prices, not exchange rates, so the government would take flexible measures. Kuroda, meanwhile, said it was the government, not the central bank, that was responsible for exchange rate policy.
This post Kishida is likely to react for BOJ if the yen is 120 . violates
was original published at “https://www.bloombergquint.com/onweb/kishida-likely-to-respond-before-boj-as-yen-breaches-120”