Japan LDP’s Kono Adds to Chorus Urging BOJ to Tighten Policy

A member of parliament in the Liberal Democratic Party added his voice to those calling for the Bank of Japan to tighten monetary policy in order to bolster the yen.

“Now the economy is with inflation and interest rates, so we should have new economic policies,” Kono Taro said in a press conference Wednesday. “Now what we need is tight monetary policy to bring the yen stronger.”