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Japanese Finance Minister Suzuki wants fiscal policy for yen credibility

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Japanese Finance Minister Suzuki comments:

  • says must guide fiscal policy in line with international norms
  • says his Ministry of Finance’s fiscal panel calls for maintaining yen credibility in guiding fiscal policy – said that economic fundamentals that have backed the yen’s credibility are no longer considered absolute and that policymakers must strive to maintain credibility in the currency.

Its always a worry when your finance minister calls for credibility of your currency ….

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