Japan's Kishida to review price target accord with next BOJ chief

PM warns against relying on rate hikes alone to tame inflation

20220103N Kishida

Prime Minister Fumio Kishida attends a ceremony marking the end of trading in 2022 at the Tokyo Stock Exchange. © Reuters

SHINNOSUKE NAGATOMI, Nikkei staff writer

TOKYO -- The Japanese government must talk with the next Bank of Japan governor about whether to rework the joint accord setting a 2% inflation target, Prime Minister Fumio Kishida said on a radio program that aired Tuesday.

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