Senior Japanese government official says Bank of Japan policy should be clearer

Toshimitsu Motegi is the secretary general of Japan’s ruling Liberal Democratic Party (LDP)

The Bank of Japan’s policy should be clearer, according to a report by the Nikkei newspaper.

I know several thousand traders who agree with him.

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The Bank of Japan will meet on July 30 and 31, where it is expected to spell out more clearly its plans to curtail its purchases of Japanese government bonds. So there you have it.