Japan Eco Minister Akazawa on GDP: Latest data confirm the economy is recovering modestly.

  • USD/JPY has dribbled lower still
usd euro yen jpy 2

Japan Economy Minister Akazawa on GDP: Latest data confirm the economy is recovering modestly.

  • Must remain mindful of risks from US trade policies that could weigh on growth.

  • Rising prices could dampen consumer sentiment and hurt private consumption.

Akazawa not going much away with these vanilla type comments. Tariffs do pose a rsik to Japan's economy, but so far so good it seems.

USD/JPY is down around 147.40 after early highs above 147.80 before the GDP data.

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