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Japan PM to vow nimble response to unexpected market moves
Original: Japan PM to vow nimble response to unexpected market moves, Nikkei reports
Japan's Prime Minister is set to pledge a swift, flexible response to unexpected moves in financial markets, according to a Nikkei report carried by Reuters. The commitment signals the government's readiness to act if sharp currency or equity swings threaten the economy, a concern traders and policymakers are watching closely amid ongoing volatility around the yen and Bank of Japan policy.
Why now: Markets are volatile and traders are watching for any signal that Tokyo may intervene to stabilise the yen or equities.
JapanNikkeiReutersPrime Minister of Japan
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