Home » 2013 » June » 4 » Japanese Prime Minister brushed aside concerns about the volatility of the shares in Tokyo
Japanese Prime Minister brushed aside concerns about the volatility of the shares in Tokyo
Japanese Prime Minister Shinzo Abe brushed aside concerns about the volatility of the Tokyo Stock Exchange.
On Monday, Abe told reporters that he will continue to implement its policies to stimulate the economy.
Abe quoted the head of the Bank of Japan Haruhiko Kuroda said that the economy is steadily moving in the direction of recovery. As Kuroda said, the latest economic data do not indicate any significant changes in Japan or overseas.
The Prime Minister said that the policy of his government and the central bank is beginning to bear fruit. Abe said that the country should feel more confident.
As Abe said, according to some analysts, the market is not yet adapted to the extraordinary monetary policy of the Bank of Japan. According to the prime minister, he expects the market to calm down, as the central bank is in close contact with the players in the market.