Moody's affirms Japan's A1 rating, stable outlook

Rating agency Moody's on Thursday said Japan's fiscal and debt metrics are likely to stabilize in the next few years and affirmed Japan's A1 rating and maintained stable outlook. 

Key points

Japan's sovereign rating and outlook continue to be driven over the medium term by the impact of social considerations on the economy and public finances.

Japan's trend of fiscal deficit consolidation to resume.

Traction on economic reform likely to partly offset pressure on potential growth from population decline.