8 Apr 2016
Japan LDP’s Inada: Current yen rate not reflecting fundamentals of Japan
Chair of the Policy Research Council of the ruling Liberal Democratic Party (LDP) in Japan, Mr. Inada was out on the wires via Bloomberg last minutes, commenting on the exchange rate level and on overall economy.
Key Quotes:
Current yen rate not reflecting fundamentals of Japan
Japan's growth strategy is the most important of the 3 arrows
Labor market restructuring key for economic improvement
Japan needs to recruit more foreign workers
Sales tax increase next year still to be decided