Japan PM Abe: Fiscal policy is extremely important

Dhwani Mehta FXStreet

Japanese PM Abe is on the wires now, via Reuters, making some comments on the economy and policy reforms while speaking before the Parliament.

Key Quotes:

Won't hesitate to use macro policy if economic concerns are realized.

Fiscal policy is extremely important.

Nothing path-breaking from the Japanese leader, as the USD/JPY pair consolidates the trade progress-led early spike to 107.77. The spot trades +0.07% around 107.50 levels.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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