Home Japan’s Nishimura: Japan’s economy in severe state
FXStreet News

Japan’s Nishimura: Japan’s economy in severe state

Japan’s Nishimura: Japan’s economy in severe state but GDP contraction smaller than Europe, US economies.

Key comments 

  • Hope recovery in US, Europe, Chinese economies drive up Japan exports.
  • Will respond as needed while watching deveelopments of coronavirus and economy and impacts on people’s livelihood.
  • Consumption of goods, services showing signs of a pickup.
  • Govt will continue to do utmost to put japan’s economy on recovery path after it bottomed out in April, May.
  • Will support employment with subsidies and back private consumption.
  •  Will take all possible policy steps to bring economy back on track to domestic demand-led growth.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.