Japan’s Kato says will conduct fiscal policy appropriately
Source Fxstreet
Japanese Finance Minister Katsunobu Kato said on Tuesday that he will appropriately conduct fiscal policy.
Key quotes
Seeking more Japanese Government Bond holdings by domestic investors
Will make efforts toward appropriate Japanese Government Bonds management
Crucial to seek Japanese Government Bond holdings by diverse groups
Says will appropriately conduct fiscal policy.
Need for a variety of investors to hold JGBs.
Need to broaden investors in Japanese Government Bonds.
Need to start promoting domestic ownership of JGBs
Market reaction
At the time of writing, the USD/JPY pair is trading 0.01% lower on the day at 144.53.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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