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Mmastodon WorldDefense first seen 7 h ago, last 17 min 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 said Prime Minister Sanae Takaichi is not a reflationist, seeking to calm investor fears that her government would spend excessively and push the Bank of Japan to keep interest rates low. The statement comes as markets watch closely for signs of fiscal expansion under the new administration and pressure on the central bank's policy path.

Why now: Investors are worried Takaichi's government will loosen fiscal policy and stall the Bank of Japan's rate normalisation.

Sanae TakaichiBank of JapanJapan

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Rank over time, top of the chart is #1. 5 snapshots from 5 h ago to 17 min ago.

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