The goal, according to Japan's Economy Minister Minoru Kiuchi on Thursday, is to strike a balance between budgetary sustainability and a strong economy. Kiuchi declined to comment on interest rates, though.
Important quotes
Strive to strike a balance between fiscal sustainability and a strong economy.
seeks to allay and soothe market worries.
Regarding interest rates, nothing to say.
will not try to expand the budget carelessly.
Reaction of the market
The USD/JPY pair is now down 0.10% for the day at 156.10.
Important quotes
Strive to strike a balance between fiscal sustainability and a strong economy.
seeks to allay and soothe market worries.
Regarding interest rates, nothing to say.
will not try to expand the budget carelessly.
Reaction of the market
The USD/JPY pair is now down 0.10% for the day at 156.10.
