• Finmin calls on BOJ to keep markets, corporate funding stable
  • Finmin declnes to say size of stimulus package
  • New economy minister says ready to take action flexibly

TOKYO, Oct 5 (Reuters) – Japan’s new finance and economy ministers vowed on Tuesday to take bold policy action to revitalise the pandemic-hit economy, a sign that fiscal and monetary stimulus will remain intact under a government led by Prime Minister Fumio Kishida.

Finance Minister Shunichi Suzuki said he was told by Kishida to stick to bold monetary easing, flexible fiscal spending and a growth strategy to put a decisive end to deflation.

“I hope the Bank of Japan strives to achieve its price target while ensuring markets and corporate funding remain stable,” Suzuki told reporters at his first news conference since Kishida formed his cabinet on Monday.

The new economy minister, Daishiro Yamagiwa, told a separate news conference the government would take all necessary…

Read more…


Comments are closed.