Japan’s Aso: Not considering cash payments to individuals as part of economic relief package
Japanese Finance Minister reiterates on Thursday that they are Not considering cash payments to individuals as part of the economic relief package.
Not considering a sales tax cut.
Not yet decided on the size of the stimulus package.
Must be mindful of Japan’s fiscal situation as fiscal stimulus could lead to deficit-covering bond issuance.
- USD/JPY extends gains as dollar continues to draw haven bids