Earlier comments from Amari are here: Japan economy minister Amari: No change to government’s view on economy after GDP data
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- Positive cycle of corporate earnings, wages and capex need to remain in place for economy to rebound in July-September
- See no immediate need for extra budget but govt, BOJ have always said ready to take action to support economy as needed
- When we say we will take appropriate action, that means we are ready to take whatever means available
- Eeconomy will undoubtedly make pretty big rebound in July-September, expect outlook to brighten