Japan's Finance Minister Katayama says Japan is ready to take timely steps against the economic impact from the Iran conflict, adds Japan is not fully out of deflation
Importance
Level 1
Says:
- Japan is ready to act on market volatility while consulting international authorities.
- Bank of Japan's monetary policy is focused on inflation and not on currency intervention.
- Wage gains are not BoJ's direct target but is key to price stability.
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