Japan’s Ishihara: Economy to continue moderate recovery trend

By FXStreet Japanese economy minister Ishihara is crossing the wires following the publication of the upbeat GDP report, noting that Japan economy is set to continue moderate recovery trend.

Headlines

Japan economy to continue moderate recovery trend

Consumption rebound likely behind positive Q1 GDP figures

Japan’s economy continues moderate recovery trend albeit with some weaknesses

Must be mindful of effects to Japan’s economy from developments in Chinese, emerging market economies, market volatility

Will take policy steps flexibly while closely watching econ development

Must take into account effect of supplementary budget for quake relief in gauging strength of Japan’s economy
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Source:: FX Street