November 13, 2017 / 1:31 AM / a month ago

Fed policies won't have direct linkage to BOJ steps: BOJ official

TOKYO (Reuters) - The U.S. Federal Reserve’s policies will not have a direct linkage to what the Bank of Japan does, but could affect the Japanese central bank’s policies through their impact on global economies, a senior BOJ official said on Monday.

“We’re confident the Fed will steer the U.S. economy and financial conditions in a correct, positive way so that global spillovers would be quite minimal,” Yoshinori Nakata, director-general of the BOJ’s International Department, told a seminar.

Reporting by Leika Kihara; Editing by Chang-Ran Kim

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