Bank of Japan senior official with a timely comments given the discussions taking place between the US and japan
i.e Japan fin min Aso - No comment whether US made demand for FX clause in trade deal
- BOJ's monetary easing aimed at achieving price target, not at forex
- Natural for monetary policy to vary from country to country
- BOJ is implementing powerful, unconventional monetary easing as short-term rates have fallen to zero
- Adds that forex policy falls under the realm of the Finance Ministry so cannot comment on debate over whether to include currency provision in US / Japan trade deal