Japan’s Chief Cabinet Secretary highlighting the need to monitor rising prices

Japan Chief Cabinet Secretary Matsuno comments on the Bank of Japan Tankan report out earlier today:

  • Tankan business sentiment survey shows overall corporate sector is
  • Need to closely monitor downside risks including overseas economic
    slowdown, rising prices

Rising prices a risk? Does he know what the Bank of Japan have been doing these two decades or so?

USD/JPY is little changed on the session, traders seemingly content to wait for the FOMC later.

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