David Cohen Past Quotations

Consumer spending, together with domestic investment spending, are leaving the Japanese economy a little less dependent on exports. Over the past decade, Japan has been notoriously unable to develop a self-sustaining recovery. We're gradually getting out of that rut.

Consumer spending should be able to continue to contribute as it has in the past couple of quarters. The labor market is in better condition than it has been in a few years and that should be supportive of consumer spending.