Mmastodon WorldDefense first seen 1 d ago, last 1 d ago, peak #12
Japan's finance minister says Takaichi is not a reflationist
Original: Prime Minister Sanae Takaichi is not a reflationist, her finance minister said, seeking to allay investor concerns her g
Japan's finance minister stated that Prime Minister Sanae Takaichi is not a reflationist, aiming to calm investors who fear her government will spend excessively and pressure the Bank of Japan into keeping interest rates low. Markets have been watchful of Takaichi's fiscal stance, given expectations of expansive spending under her leadership. The remark is an attempt to reassure bond and currency investors that monetary discipline will be maintained.
Why now: Investors are worried that a Takaichi-led government could loosen fiscal policy and delay Bank of Japan rate hikes.
Sanae TakaichiBank of JapanJapan's finance ministryJapan
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