News

Japan PM Kishida: Important to link weak yen to economic recovery

Japanese Prime Minister Fumio Kishida said on Wednesday, “important to link weak yen to economic recovery by reopening inbound tourism, corporate reshoring.”

Additional quotes

Ready to speak with North Korea's Kim without any preconditions.

Japan's economic sanctions against North Korea having some impact.

Specific monetary policy tools are up to BOJ to decide, including the exit of easing.

No comment on FX rates.

No decision has been made on japan-china leaders' meeting at the moment.

Economy is picking up moderately, but global economic slowdown is a big risk.

Energy, food inflation due to russia’s invasion of Ukraine, weak yen are big risks to economy.

To create robust economic structure amid yeak yen, including reshoring business investments, expanding agricultural exports.

Tourism is pillar of japan's growth, working on revival of inbound demand.

Related reads

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.