Natsuo Yamaguchi, leader of Japan’s junior coalition parner, the New Komeito party, speaking at the Chamber of Commerce and Industry after the post-FOMC yen weakening
Bbg reporting
- weak yen has demerits for many small and mid-sized companies
- need flexible economic measures to prevent serious impact on SMEs from rising raw material and fuel costs
- govt and BOJ need to endeavour to keep ccy stable
- should take all available steps inc a drafting an extra budget
Not sure how much his comments hold sway but a dissenting voice nonetheless even though BOJ gov Kuroda has also recently talked about a need for fx stability
USDJPY unfazed at 108.65