Japan finance minister Suzuki says too early to decide if the BOJ agreement needs revision

Japan finance minister Suzuki says its too early to judge whether the joint Government - Bank of Japan statement needs to be revised.

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Yesterday we had a BOJ Dep Gov candidate saying a revision is needed:

• BOJ leadership group contender says monetary policy must be revamped

The basic idea behind the revision is that it would remove the aim to get to 2% as quickly as feasible. In effect this would allow a reduction in easy BOJ monetary policy and would be a tailwind for the yen.