Japan's Takenaka seeks new relationship with BOJ

Japan's Economics and Financial Services Minister, Heizo Takenaka, said on Wednesday a new relationship is needed between his government and the Bank of Japan for a common goal on policy targets.

However, speaking at a press conference in Sydney at the end of a two-day trip to Australia, Takenaka stressed the BOJ should remain independent.

"The central bank should be independent. However, the central bank and government should share a common policy target," Takenaka said.

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