Japan’s Akazawa: Government’s focus is to eradicate Japan's deflationary mindset
Source Fxstreet
Japan's Economy Minister Ryosei Akazawa noted on Wednesday that the ”government’s focus is to eradicate Japan's deflationary mindset.”
“With an ambitious goal to boost minimum wages, the government is trying to eradicate deflationary mindset,” he added.
Market reaction
USD/JPY was last seen trading 0.70% lower on the day at around 153.25.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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