Japan’s Kato: No hesitation to undertake economic measures if needed
|The Japanese government will not hesitate to take economic measures if needed, the new Chief Cabinet Secretary Kato said at a daily briefing on Friday.
Nothing further is reported on the same.
A couple of weeks ago, Kato reiterated that they are prepared to deploy additional measures to support the economy if the need arises.
Market reaction
USD/JPY is holding the lower ground in tandem with the US dollar index, as the risk-on market profile weighs negatively on the safe-haven greenback.
The spot was last seen trading at 105.83, down 0.13% on the day.
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.