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