21 November 2022 | Other

Japan finance minister favors adoption of more spending measures

On Monday, Finance Minister Shunichi Suzuki said the government would take a responsible approach to conduct economic and fiscal policy. In addition to this, the head of Japan's Finance Ministry urged lawmakers to submit the extra $206 billion budget plan. It will mostly be funded by the issuance of new debt securities.

Japan's core consumer inflation accelerated to a 40-year high in October driven by rising food and energy prices. It had a great impact on consumers. 

According to Shunichi Suzuki, Japan’s economy is going through hard times. Besides, he added that there were growing fears of global recession, and Japan must overcome the crisis.

Company MarketCheese
Period: 28.11.2025 Expectation: 540 pips
AUDCAD shows signs of recovery as Canadian dollar experiences pressure
21 November 2025 33
Period: 05.12.2025 Expectation: 1500 pips
GBPUSD has room to drop further
21 November 2025 43
Brent sell
Period: 28.11.2025 Expectation: 120 pips
Defusing geopolitical tensions weighing on Brent prices
21 November 2025 28
Period: 28.02.2026 Expectation: 200 pips
USDJPY selloff with 155.50 in view
21 November 2025 22
Period: 05.12.2025 Expectation: 30000 pips
Chances for ETHUSD rebound increase near $2,700
20 November 2025 49
Period: 27.11.2025 Expectation: 437 pips
Buying natural gas amid seasonal demand peak
20 November 2025 48
Go to forecasts