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Japan’s Abe – G7 Sees Need to Boost Demand, Address Supply Constraints

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G7 leaders agree on the need to take measures to boost global demand and eliminate factors that hamper productivity amid lingering risks to the world economy, Japanese Prime Minister Shinzo Abe said on Wednesday.

“There are downside risks to the global economy,” such as the fallout from China’s slowdown, Abe said during a debate with opposition party leaders.

“I’ve called on the need to create demand and to remove supply-side constraints,” Abe said, in explaining what he discussed with European leaders during his visit to Europe earlier this month.

Reuters

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Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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