Japan’s Suzuki: Important to keep fiscal discipline

Source Fxstreet
Jul 9, 2024 02:56

Japan’s Finance Minister Shunichi Suzuki said on Tuesday that it is “important to keep fiscal discipline to keep confidence in long-term fiscal health.”

He added that he is “closely watching discussions at the Bank of Japan (BoJ) meeting with the bond market.”

Market reaction

USD/JPY is battling 161.00 following these above comments, having hit intraday highs at 161.13 in the last hour. The pair is still up 0.12% on the day.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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