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Mmastodon WorldDefense first seen 16 h ago, last 3 h ago, peak #12

Japan's finance minister denies Takaichi is 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 said Prime Minister Sanae Takaichi is not a reflationist, seeking to calm investors who fear her government will spend excessively and push the Bank of Japan to keep interest rates low. The remarks aim to reassure markets concerned that a Takaichi-led administration could fuel inflation through loose fiscal policy and pressure on monetary policy.

Why now: Markets are watching for signs that Japan's new government will pursue fiscally expansionary policies and pressure the Bank of Japan on interest rates.

Sanae TakaichiBank of JapanJapan

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