Japan fin min Suzuki says intervention action taken as excess volatility not desirable

Japan finance minister Suzuki:

can’t rule out the possibility of Japan’s economy falling back into deflationWeak yen has pros and consJapan has taken action, including FX intervention, as excessive volatility in forex is not desirable

Ueda and Suzuki

Earlier:

Bank of Japan Governor Ueda says BOJ’s policy steps were appropriateBOJ Governor Ueda says concerns over US economy slowdown behind recent market routBoJ Ueda will adjust monetary easing if our economy price outlook is likely to be achieved

This article was written by Eamonn Sheridan at www.forexlive.com.