Deputy Prime Minister and Finance Minister Aso said at a meeting after the Cabinet meeting on the 29th that Japan and the United States were appointed as the U.S. Treasury Secretary in connection with the appointment of Mr. Janet Yellen, the former chairman of the Federal Reserve Board of Governors, the central bank. Both countries emphasized the idea that economic revitalization should be promoted first, and then fiscal consolidation should be promoted.
Among them, Deputy Prime Minister and Finance Minister Aso said that Yellen, who became the first woman to become the US Treasury Secretary, said, "The wisest thing to deal with the spread of the new Corona is bold economic measures. In Japan, the third supplementary budget has just been passed, and I think it is heading in the same direction. "
On top of that, Minister Aso said, "If this happens, the financial situation is deteriorating, and it is certain that the US economy is also deteriorating. If left unchecked, the dollar and yen may suddenly rise, and the impact on the market will be sufficient. We must be careful, "he said, emphasizing the idea that both Japan and the United States should first promote economic revitalization and then seek fiscal consolidation.