Japan’s new Economy Minister Shindo says its important to decisively end deflation

The new economy minister is not saying anything controversial:

  • Will mobilise all possible policy measures to support economy
  • Aiming to achieve
    virtuous growth and wealth distribution while striving to achieve
    fiscal reform
  • Will consider bold
    measures to ease the pain of price hikes
  • Will do the utmost
    to achieve structural wage hikes
  • Important to achieve
    private demand-led growth
  • Important to put
    decisive end to deflation

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