Japan PM Kishida describes BOJ's policy shift as "appropriate"

Japanese Prime Minister Fumio Kishida on Tuesday described the Bank of Japan's overhaul of its unorthodox monetary easing framework designed to end deflation as "appropriate," promising to keep working with the BOJ to stabilize prices.The central bank's policy shift "has stepped into a new phase to generate positive economic outcomes" while "maintaining an accommodative environment," Kishida told reporters at his office after meeting with BOJ Governor Kazuo Ueda.Kishida also quoted Ueda as saying during their talks that the BOJ is confident about the prospect of its 2 percent inflation targ…READ FULL ARTICLE