Japan’s Suga: Would plan stimulus measures if sales tax hike upsets the economy

Japanese Cabinet Secretary Suga crossed the wires again today, via Reuters, making some comments on the planned October sales tax hike.
Main Points:
“No postponement of sales tax hike unless economy suffers Lehman-type shock.”
“Would plan stimulus measures if sales tax hike upsets the economy.”
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.

















