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Japan’s Shindo: Real economic growth of 1.3% in FY 2025 is not so unrealistic

2024-06-21FXStreetFXStreet
Japanese Economy Minister Yoshitaka Shindo said on Monday that the government will “continue efforts for primary balance to reach within surplus territory in FY 2025.” “Real economic growth of 1.3% in FY 2025 is not so unrealistic,” Shindo added.

Japanese Economy Minister Yoshitaka Shindo said on Monday that the government will  “continue efforts for primary balance to reach within surplus territory in FY 2025.”

“Real economic growth of 1.3% in FY 2025 is not so unrealistic,” Shindo added. 

Market reaction

USD/JPY is little affected by the downbeat comments from the Japanese official, currently trading flat near 157.25.

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