Reuters: US Dollar Report: Japan's Abe: specific monetary steps for BOJ to decide

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Japan's Abe: specific monetary steps for BOJ to decide Nov 30th 2012, 05:12 TOKYO | Fri Nov 30, 2012 12:12am EST TOKYO Nov 30 (Reuters) - Japan opposition leader Shinzo Abe said on Friday he would leave it to the central bank to decide on specific ways to achieve its policy objectives. "If I become prime minister, I won't comment on specific monetary policy measures, as they should be decided by the BOJ," Abe said in a joint debate of party leaders. Abe is seen as the front runner to become prime minister after an election for parliament's lower house on Dec. 16, which polls suggest his Liberal Democratic Party will win. Abe has called for more aggressive monetary easing to revive the economy, including through extreme steps such as seeking negative interest rates or setting a higher inflation target. But he has recently toned down his demands after they were criticised by BOJ policymakers and lawmakers of other parties as unrealistic.

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