Japan to leave monetary policy tools to BOJ in economic blueprint, Kyodo reports
EWJ•Japan's economic blueprint to defer monetary policy tools to BOJ
TOKYO, July 17 (Reuters) - Japan's government will state in its economic blueprint that decisions on specific monetary policy tools should be left to the Bank of Japan, Kyodo news agency reported on Friday.
A final version of the blueprint will also say the government will reach a decision "by early August" on whether and by how much Japan will cut an 8% consumption tax levied on food, Kyodo said.
The government was not immediately available to comment.
The final version of the economic blueprint is expected to be approved by cabinet on Tuesday.
