Japan's Chief Cabinet Secretary highlighting the need to monitor rising prices
<p>
Japan Chief Cabinet Secretary Matsuno comments on the Bank of Japan Tankan report out earlier today:</p><ul><li>
Tankan business sentiment survey shows overall corporate sector is
firm</li><li>
Need to closely monitor downside risks including overseas economic
slowdown, rising prices</li></ul><p>Rising prices a risk? Does he know what the Bank of Japan have been doing these two decades or so? </p><p>USD/JPY is little changed on the session, traders seemingly content to wait for the FOMC later. </p>
This article was written by Eamonn Sheridan at www.forexlive.com.
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