Global Economy
Japanese PM Takaichi says the government is ready to take further timely action as needed to cushion economic blow from the Middle East conflict, adds FX rates move on various factors and it's hard to identify impacts of any specific factor
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PM Takaichi reaffirmed government readiness to counter Middle East-driven economic shocks while upholding BoJ independence and focusing on long-term growth to support the yen.
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Says: Raising Japan's growth potential and its competitive advantage will boost market trust in the yen. Monetary policy adjustment and specific monetary policy means are up to the BoJ to decide.
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