Japan’s Kiuchi: Tokyo is not easing fiscal discipline, presenting it clearly in the economic plan
Minoru Kiuchi, Minister of State for Economic and Fiscal Policy of Japan, said on Tuesday that “Tokyo is not easing fiscal discipline, presenting it clearly in the economic plan.”
Additional comments
Government blueprint’s mention of monetary policy aligns with prior stance.
Not considering altering the language of the economic blueprint.
Market reaction
USD/JPY is losing 0.07% on the day at 161.95, as of writing, with the Japanese Yen (JPY) finding little help from these comments.
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