Wednesday, April 11, 2007

IMF says Japan on correct monetary policy path

(Reuters) - "We think that their priorities are exactly right. They are focused on fiscal consolidation, on improving public finances, and at the same time they are trying to nurture their economic recovery," he added.

"We think Japan has tremendous fundamentals...and with the current stance of fiscal and monetary policy we are quite optimistic that growth will be sustained in Japan," Johnson said.


Read more at Reuters.com Bonds News

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