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Japanese Growth Minister says Japan's fiscal situation is improving; do not expect JPY depreciation to continue

StockNow breaking-news AI analysis

Japan's Growth Minister expects JPY stabilization through improved fiscal health and BoJ independence, despite market skepticism regarding the 5 trillion yen tax cut funding and high national debt levels.

News detail

No change in the Government's stance to respect BoJ independence. BoJ has been doing a good job on policy. Increased investment will be positive for JPY. Not so difficult to find JPY 5tln for sales tax cut.

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