Japan’s Aso: Will respond appropriately to LDP’s calls for additional economic measures
|Japanese Finance Minister Taro Aso is on the wires now, via Reuters responding to the ruling Liberal Democratic Party’s (LDP) call for additional stimulus efforts.
Aso said that the government will respond appropriately to ruling bloc's calls for additional economic measures.
The government will consider whether to use budget reserve or compile another extra budget to fund additional economic steps, he added.
Earlier today, LDP was said to propose rent relief for small businesses hurt by the coronavirus pandemic, per Nikkei Asian Review.
Meanwhile, USD/JPY seeing some fresh signs of life amid a fresh boost to the risk sentiment, courtesy of the renewed US-China trade optimism. The spot trades at 106.35, looking to regain 106.50.
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.