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BOJ exec says Japan has G20’s understanding towards maintaining monetary easing

Bank of Japan Executive Director Tokiko Shimizu said Japan gained understanding from Group of 20 peers for continuing monetary easing. (Shutterstock)
Bank of Japan Executive Director Tokiko Shimizu said Japan gained understanding from Group of 20 peers for continuing monetary easing. (Shutterstock)
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19 Feb 2022 04:02:54 GMT9
19 Feb 2022 04:02:54 GMT9

Japan gained understanding from Group of 20 peers for continuing monetary easing given “calm” inflation compared with the United States and Britain, Bank of Japan Executive Director Tokiko Shimizu said on Friday.

The G20 also shared the need to be mindful of spillover effects of tightening monetary policy due to inflation in advanced economies, Shimizu told a news conference after attending online the group’s two-day meeting in Jakarta.

Reuters

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