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11 Mar 2022
Japan Finmin Suzuki: Govt not considering compiling economic stimulus package
Reuters is reporting that ''Japan's government is not considering compiling a fresh economic stimulus package as it focuses on passing the fiscal 2022 budget through parliament, Finance Minister Shunichi Suzuki said on Friday.
The remark, made at a regular news conference, came amid rising calls from lawmakers on the need for additional fiscal stimulus to cushion the economic blow from rising energy prices.''
Meanwhile, USD/JPY is strong in the Asian sessions, extending the daily trend to print a fresh high on the day to 116.38, the highest since 2017.