Japan's Minister of Economy and Finance Minoru Jonouchi said on Friday that he respects the Bank of Japan's decision to raise interest rates to 0.75%, but it is necessary to keep a close eye on the economic outlook. He said, “When formulating economic and fiscal policies, we think we need to pay close attention to several factors, such as the impact of US trade policy, the impact of continued price increases on private consumption, and fluctuations in financial and capital markets.” Minoru Shirouchi said that it is important to continue to implement an appropriate monetary policy to achieve strong economic growth and stable inflation.

Japan's Minister of Economy and Finance Minoru Jonouchi said on Friday that he respects the Bank of Japan's decision to raise interest rates to 0.75%, but it is necessary to keep a close eye on the economic outlook. He said, “When formulating economic and fiscal policies, we think we need to pay close attention to several factors, such as the impact of US trade policy, the impact of continued price increases on private consumption, and fluctuations in financial and capital markets.” Minoru Shirouchi said that it is important to continue to implement an appropriate monetary policy to achieve strong economic growth and stable inflation.