Japan’s Kato: Government to judge need for stimulus with eye on economy
|Japanese Chief Cabinet Secretary Katsunobu Kato said on Thursday, the government will judge whether to compile additional stimulus package while keeping an eye on the economic outlook and people's livelihood.
Key quotes
“While the Japanese business sentiment is improving, the government will judge whether or not to compile an additional stimulus package.”
“Will assess the economic outlook.”
“Japan's fiscal 2020 tax revenue is likely to hit a record high.”
USD/JPY holds above 111.00
USD/JPY is holding above 111.00, trading close to yearly highs of 111.17 reached on Wednesday. The spot trades modestly flat on the day.
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