Japan's Motegi, Aso: Japan has mostly escaped deflation, economic depression

Joshua Gibson FXStreet

Japan's Economy Minister Toshimitsu Motegi and Finance Minister Taro Aso have been hitting the wires today, providing their outlook on the Japanese economy.

Key Highlights:

Motegi: Japan will soon be out of deflation situation for good
Motegi: Hopes the re-appointed BoJ Governor Kuroda and new Deputy Governors continue doing their best at the central bank
Aso: Japan has 'more or less' escaped economic depression
Aso: Expects BoJ to continue working with government to achieve 2% growth target
Aso: Achieving 2% growth will prove Japan has escaped stagnating deflationary trap

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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