This is from late yesterday, so it isn’t new news. It was a short speech and didn’t contain any surprises for the market:
- Abe said the economic rebirth of Japan is the most important and pressing issue,
- He would turn around the economy through a three-pronged program of “a bold monetary policy, a flexible fiscal policy and a growth strategy that will encourage greater private-sector .”
- He stressed that the government and Bank of Japan would cooperate closely to achieve the 2-percent inflation target as quickly as possible
Abe’s short policy speech focuses on economy, immediate needs
Japan’s Abe Talks Tough to Central Bank (Gated Wall Street Journal article – a news search on the headline may work)