The Traderszone Network

Published in TZ Latest News 30 September, 2015 by The TZ Newswire Staff

"Mr Yen" Sakakibara says Tankan report doesn’t suggest Japan is set for recession

Former MOF official out on Bloomberg
– Tankan was neutral
– Japanese economic growth of +1-1.5% would be “alright”
– Japan can not keep on stimulating from fiscal side so mon pol is key
Sakakibara got his nickname in the 1990s for his influence over the exchange rate whilst vice fin min and is now a university professor