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Trading news
4 Aug 2016
Japan's Yamamoto: Will work to implement growth strategy in 3rd arrow
Kozo Yamamoto, newly appointed Japanese Regional Economy Minister in PM Abe's Cabinet yesterday, crossed the wires last minutes via Bloomberg, commenting on the inflation outlook.
Key Quotes:
“Will work to implement growth strategy in 3rd arrow”
“After getting price target, Japan needs wage target”
“Want the BOJ to act quickly to achieve 2% inflation”
“Will use policies to reach 1% inflation the middle of next year”