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Japan's Chief Cupboard Secretary highlighting the necessity to monitor rising costs

Japan Chief Cupboard Secretary Matsuno feedback on the Financial institution of Japan Tankan report out earlier right now:

  • Tankan enterprise sentiment survey reveals total company sector is
    agency
  • Must intently monitor draw back dangers together with abroad financial
    slowdown, rising costs

Rising costs a danger? Does he know what the Financial institution of Japan have been doing these 20 years or so?

USD/JPY is little modified on the session, merchants seemingly content material to attend for the FOMC later.

This text was written by Eamonn Sheridan at www.forexlive.com.

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