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Finance

Japan Finance Ministry gives rare nudge to BOJ amid bond worries

With change in offing, official stresses Kuroda remark on 'dialogue with markets'

Japan's Finance Ministry worries about the smooth functioning of JGB markets, a key underpinning of fiscal policy.   © Reuters

TOKYO -- An unusually pointed comment about the Bank of Japan's policy plans by a senior Finance Ministry official underlines Tokyo's concerns as the central bank enters a transitional period.

Senior vice finance minister Kozo Akino, who attends BOJ policy board meetings in that capacity, was asked in a March 9 meeting of the upper house parliamentary Committee on Financial Affairs how long the bank's massive monetary easing program would continue.

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