Toshihiro Nikai, Secretary General of the Japanese ruling Liberal Democratic Party, said on Monday that there is no urgent need for fiscal stimulus.
His comments come after Japan’s economy grew at an annualized rate of 2.1% in the first quarter of this year.
Meanwhile, the Japanese Chief Cabinet Secretary Suga was reported earlier today, as saying that “there are no problems with economic fundamentals."
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.