The post Debt ratio to fall slightly as government and BoJ work toward stable inflation appeared on BitcoinEthereumNews.com. Japan’s Finance Minister Satsuki Katayama said on Friday that the government expects the country’s debt-to-GDP ratio to fall slightly from last year’s level, even after compiling an extra budget to finance its latest stimulus package.   Key quotes Expect Japan’s debt to GDP ratio to fall slightly from previous year level even after compiling extra budget to fund stimulus package.  Japan is still halfway in achieving sustainable and stable price rises accompanied by wage gains.  Understand that Bank of Japan agrees with government view Japan is halfway in achieving sustainable, stable price rises accompanied by wage gains.  Important for government and Bank of Japan to continue working closely together to end deflation, achieve stable prices and economic growth.  We will guide appropriate debt management policy to ensure Japan does not lose market trust in its finances.  JGB yields move due to wide variety of factors including domestic economic, price and monetary policy developments as well as fiscal situation and overseas market moves.  We will guide appropriate debt management policy to ensure Japan does not lose market trust in its finances.  Market reaction As of writing, the USD/JPY pair is down 0.08% on the day at 157.45. Japanese Yen FAQs The Japanese Yen (JPY) is one of the world’s most traded currencies. Its value is broadly determined by the performance of the Japanese economy, but more specifically by the Bank of Japan’s policy, the differential between Japanese and US bond yields, or risk sentiment among traders, among other factors. One of the Bank of Japan’s mandates is currency control, so its moves are key for the Yen. The BoJ has directly intervened in currency markets sometimes, generally to lower the value of the Yen, although it refrains from doing it often due to political concerns of its main trading partners. The BoJ ultra-loose monetary… The post Debt ratio to fall slightly as government and BoJ work toward stable inflation appeared on BitcoinEthereumNews.com. Japan’s Finance Minister Satsuki Katayama said on Friday that the government expects the country’s debt-to-GDP ratio to fall slightly from last year’s level, even after compiling an extra budget to finance its latest stimulus package.   Key quotes Expect Japan’s debt to GDP ratio to fall slightly from previous year level even after compiling extra budget to fund stimulus package.  Japan is still halfway in achieving sustainable and stable price rises accompanied by wage gains.  Understand that Bank of Japan agrees with government view Japan is halfway in achieving sustainable, stable price rises accompanied by wage gains.  Important for government and Bank of Japan to continue working closely together to end deflation, achieve stable prices and economic growth.  We will guide appropriate debt management policy to ensure Japan does not lose market trust in its finances.  JGB yields move due to wide variety of factors including domestic economic, price and monetary policy developments as well as fiscal situation and overseas market moves.  We will guide appropriate debt management policy to ensure Japan does not lose market trust in its finances.  Market reaction As of writing, the USD/JPY pair is down 0.08% on the day at 157.45. Japanese Yen FAQs The Japanese Yen (JPY) is one of the world’s most traded currencies. Its value is broadly determined by the performance of the Japanese economy, but more specifically by the Bank of Japan’s policy, the differential between Japanese and US bond yields, or risk sentiment among traders, among other factors. One of the Bank of Japan’s mandates is currency control, so its moves are key for the Yen. The BoJ has directly intervened in currency markets sometimes, generally to lower the value of the Yen, although it refrains from doing it often due to political concerns of its main trading partners. The BoJ ultra-loose monetary…