Keeping a close eye on financial market conditions and the impact on the real economy = Bank of Japan interest rate hike, Finance Minister Suzuki

July 31, 2024 at 5:26 PM GMT+9 (some excerpts)

Finance Minister Suzuki Shunichi stated on the 31st that the Bank of Japan decided to raise additional interest rates at the monetary policy meeting as the government “wants to keep a close eye on the state of financial markets and the impact on the real economy.”
I responded to coverage by the press corps within the Ministry of Finance.
Regarding the government bond purchase reduction plan decided at the same time, it was stated that “I expect that the Bank of Japan will continue to implement appropriate monetary policies while giving due consideration to the stability of the bond market.”