Japanese economy remains in moderate recovery: Aso
[TOKYO] Japanese Finance Minister Taro Aso said on Friday he saw no change in the view that the economy remains in moderate recovery as its fundamentals supporting domestic demand were firm.
Mr Aso, speaking to reporters after a cabinet meeting, declined to comment on the European Central Bank's decision to adopt a package of monetary stimulus.
Asked how the ECB's move may affect the Bank of Japan's policy-setting meeting next week, Mr Aso said it was up to the BOJ to decide monetary policy.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US airlines forecast record 2024 summer travel, up 6.3% over last year
German economic advisors to cut 2024 growth forecast
Easing eurozone inflation creates room for rate cuts: ECB’s Knot
Powell reiterates Fed likely to keep rates higher for longer
Britain and US sound alarm over growing Chinese cyber threat
US producer prices increase more than expected in April