Japanese Finance Minister Taro Aso said on Thursday the government was ready to ...
WASHINGTON - Japanese Finance Minister Taro Aso said on Thursday the government was ready to deploy fiscal stimulus steps flexibly if the economy needed fresh support to fend off risks from slumping global demand and the U.S.-China trade war.
“Given uncertainty over the global economy, exports are falling and weighing on manufacturers’ output. But the weakness has yet to spread to non-manufacturers or domestic demand,” Aso told reporters after attending a Group of 20 finance leaders’ working dinner. “When you look back at the problems Japan faced, including deflation, they can’t be fixed by monetary policy alone. You need a coordinated monetary and fiscal response,” he said.But he added that he agreed with Bank of Japan Governor Haruhiko Kuroda, who told reporters in Washington the timing of a pickup in global growth was likely being delayed.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Japan PM visits storm-hit areas, royal parade may be delayedTOKYO (AP) — Japan's Prime Minister Shinzo Abe is visiting towns devasted by the deadly typhoon to meet residents to assess damage and their needs. Rescue and relief efforts for stranded or...
Weiterlesen »
Japan typhoon death toll climbs while floodwaters recedeJapan's government said Wednesday that the death toll from a weekend typhoon that caused widespread flooding has climbed to 63, with another 11 presumed dead.
Weiterlesen »
Blackstone makes like a sea urchin in JapanThe buyout shop wants to take over hotelier Unizo for $1.6 bln using an entity named after the local delicacy. Like the animal, the bid for the reluctant target is spiky. The deal also has a squishy appeal, with a rich premium for shareholders and tasty morsels for employees.
Weiterlesen »
Japan-U.S. trade deal estimated to boost Japan's GDP by 0.8%The trade deal reached between Japan and the United States is expected to boost ...
Weiterlesen »
Japan's inflation hits 2-1/2-year low, raises stimulus chance this monthJapan's core consumer inflation slowed to near 2-1/2-year lows in September...
Weiterlesen »