Japanese Prime Minister Kishida engaged in diplomatic activities, including a summit meeting with Italian Prime Minister Giorgia Meloni. Discussions focused on security issues and economic policies, with Kishida emphasizing the need for stable wage growth and moderated inflation to combat deflation. Additionally, a government official mentioned that Japan can maintain its deflation-fighting mandate even if the central bank ends negative rates.
Prime Minister Kishida and Italian Prime Minister Giorgia Meloni agreed on a number of security issues as Italy takes the G7 seat this year. https://t.co/LQyU7UwKK8
⚠️ JAPAN CAN RETAIN DEFLATION-FIGHTING MANDATE EVEN IF BOJ ENDS NEGATIVE RATES -GOVT OFFICIAL (Reuters) Japan can retain its decade-old blueprint focusing on efforts to beat deflation even if the central bank were to phase out its massive stimulus with an end to negative… https://t.co/1I012UjzfI
🔴 JAPAN'S PRIME MINISTER KISHIDA: BOJ SHOULD CONSIDER GOVERNMENT'S ECONOMIC POLICY WHEN MAKING MONETARY POLICY DECISIONS
🔴 JAPAN'S PRIME MINISTER KISHIDA AIMS FOR STABLE WAGE GROWTH, MODERATED INFLATION TO END DEFLATION AND CREATE A POSITIVE ECONOMIC CYCLE
#PMinAction: On February 5, PM Kishida held a summit meeting and other events with H.E. Ms. Giorgia Meloni, President of the Council of Ministers of the Italian Republic, at the Prime Minister’s Office. #DiplomacySecurity #JPNITAsummit https://t.co/iRqWof4CjP