Meanwhile, Japan's economy is likely to recover, with the impact of COVID-19 and supply-side constraints waning and with support from accommodative financial conditions and the government's economic measures, although it is expected to be under downward pressure stemming from high commodity prices and slowdowns in overseas economies.
Malcolm Edey: Opening statement to the Senate Economics References Committee Inquiry into matters relating to credit card interest rates Opening statement by Mr Malcolm Edey, Assistant Governor (Financial System) of the Reserve Bank of Australia, to the Senate Economics References Committee Inquiry into matters relating to credit card interest rates, Sydney, 27 August 2015.