Government making utmost efforts to overcome rising pricesCannot agree on call to reduce consumption tax rateIt will take a long time to adjust system for lower consumption tax rate on foodSharp rises in JGB yields have undesirable impact on economy, fiscal situation (Akazawa)Government’s stance is to promote increase in domestic investors for JGBs (Akazawa)If interest rates rise sharply, that could increase Japan’s debt financing costs (Akazawa)
This article was written by Justin Low at www.forexlive.com.
Categories :