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- Japan’s PM Kishida: Will contribute to stabilizing FX moves
Japan’s PM Kishida: Will contribute to stabilizing FX moves
Japanese Prime Minister Fumio Kishida was back on the wires on Friday, via Reuters, noting that the “recent yen moves are driven by various factors,” adding that the government’s priority is to help ease the pain on households, and businesses via various policy measures.”
Additional comments
“Steps to avoid the outflow of funds from Japan, such as promoting renewable energy and inbound tourism, will contribute to stabilizing FX moves.”
“Expect BOJ to continue efforts to achieve inflation target based on a government-BOJ joint statement.”
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- USD/JPY slides below 127.00 on mixed Tokyo CPI, focus on US PCE Inflation
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