Japan economy minister Akazawa says aims to overcome deflation under Ishiba’s leadership

Earlier:

• Japan chief cabinet secretary Hayashi – PM Ishiba wants a comprehensive economic package
• Japan finance minister Kato wants to boost support for low-income households

Japan’s economy minister Akazawa now,

• says aims to overcome deflation under Ishiba’s leadership
• says he is carefully considering gas subsidies situation
• no change in interpretation of govmt – BOJ accord taregetting 2% inflation

• Prime minister and BOJ share the view that exit from deflation is
  Japan’s top priority

• Timing of monetary policy change is important, must align with Japan’s broader goal of exiting deflation

Yen negative comments on the whole from Akazawa.

This article was written by Eamonn Sheridan at www.forexlive.com.