Takaichi Says BOJ Should Decide Policy Steps, Softening Stance

A top contender vying to lead the ruling Liberal Democratic Party sought to distance herself from dovish remarks made a year ago, saying the Bank of Japan should decide the particulars of monetary policy.

“In terms of economic policy, the government is responsible for deciding the direction of fiscal and monetary policy,” Sanae Takaichi said during a debate with the four other contenders Wednesday. “The means of conducting monetary policy should be determined by the BOJ. That was the premise of my remarks last year.”