Japanese Prime Minister Shinzo Abe said on Tuesday he will proceed with a scheduled sales tax hike next year unless the economy is hit by a shock on the scale of the collapse of Lehman Brothers in 2008 or the massive earthquake that struck in 2011.
He also told parliament that he was “not thinking at all” about dissolving the lower house and calling a snap election.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.