Key Japan Ministers Show United Front With BOJ Amid Jitters

Japan’s new government reached out to the central bank for a second straight day in a show of unity as market jitters linger over the course of the nation’s economic policy.

BOJ Governor Kazuo Ueda met with Finance Minister Katsunobu Kato and Economic Revitalization Minister Ryosei Akazawa on Thursday, a day after the BOJ chief met with new Prime Minister Shigeru Ishiba. The premier’s comments that conditions are not ripe for another interest rate hike on Wednesday triggered a sharp drop in the yen against the dollar.