BoJ 'very careful' about drastic rate hike-Yosano

Japan's Economic and Fiscal Policy Minister Kaoru Yosano said Thursday 27 July the Bank of Japan is "very careful" about implementing credit tightening too drastically.

Yosano also told the Foreign Correspondents' Club of Japan that "there is no friction" between the "independent" central bank and the government because both sides are "willing" to compare notes.

"They are willing to talk with the government, we are willing to talk to the BoJ," he said. "There is no friction between the BoJ and

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