Hosokawa calls for flexible BOJ policy

Koichi Hosokawa, who on Friday 2 July took over as the top career official at the Ministry of Finance in Japan, said he wants the Bank of Japan to implement "flexible" monetary policy amid a rise in long-term bond yields.

"We want the central bank to carefully monitor financial markets and the economy and implement monetary policy in a flexible manner," Hosokowa, whose title is vice minister, said in an interview in Tokyo.

Asked whether the central bank should do anything in response to a furt