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Japan LDP’s Inada: Current yen rate not reflecting fundamentals of Japan

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Chair of the Policy Research Council of the ruling Liberal Democratic Party (LDP) in Japan, Mr. Inada was out on the wires via Bloomberg last minutes, commenting on the exchange rate level and on overall economy.

    Key Quotes:

    Current yen rate not reflecting fundamentals of Japan

    Japan's growth strategy is the most important of the 3 arrows

    Labor market restructuring key for economic improvement

    Japan needs to recruit more foreign workers

    Sales tax increase next year still to be decided
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