Bank of Japan's new governor Kazuo Ueda remarks after meeting with Japanese PM Kishida
- Agreed there was no immediate need to change the 2013 joint statement with the government
- The need to steer policy flexibly was discussed given economic uncertainty
- Monetary stimulus helped pull Japan out of deflation
It's his first official day in the job and for now, the time will come when the government asks # Bank # Japan to move away from its very easy position on monetary policy but it's not this day, we will have to see how the # inflation and fiscal outlook will emerge in the coming months before any hints about potential pivotal policy emerge.
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