Deflation, markets remain risks for Japan-Takenaka

Japanese Economics and Finance Minister Heizo Takenaka said on Sunday 12 October that the purpose of foreign exchange intervention was mostly to smooth out yen volatility. While the economy is recovering it remains fragile, with deflation and volatility posing risks.

Source: Reuters

The Japanese economy is recovering but it remains fragile with deflation and financial market volatility still posing risks, Japanese Economics and Finance Minister Heizo Takenaka said on Sunday.

Takenaka, attending the

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