Japan’s Top FX Diplomat Kanda: Must brace for higher interest rates environment

Japan's top currency diplomat Masato Kanda said on Tuesday, we “must brace for higher interest rates environment given assumed interest rates raised to 1.9% from 1.1%.”

Additional quotes

Must strive for responsible fiscal management by achieving primary budget balancing in FY2025/26.

International global order faces mounting challenges including that posed by "global south".

We must maintain unwavering solidarity including support for Ukraine.