Japan finance minister Suzuki:
- can’t rule out the possibility of Japan’s economy falling back into deflation
- Weak yen has pros and cons
- Japan has taken action, including FX intervention, as excessive volatility in forex is not desirable
Ueda and Suzuki
Earlier:
- BOJ Governor Ueda says concerns over US economy slowdown behind recent market rout
- BoJ Ueda will adjust monetary easing if our economy price outlook is likely to be achieved
This article was written by Eamonn Sheridan at www.forexlive.com.
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