New Political Landscape in Japan: Diverging Views on Monetary Policy Ahead of Leadership Election

Reported about 2 months ago

As Japan prepares for a new Prime Minister following Fumio Kishida's resignation, candidates' perspectives on monetary policy are coming under scrutiny in a shifting economic climate. With inflation rising and the Bank of Japan's recent rate hike causing market jitters, contenders like Taro Kono and Toshimitsu Motegi are advocating for interest rate adjustments, while others maintain a more cautious stance. This election could redefine government interaction with the BOJ as pressures mount amidst changing economic conditions.

Source: YAHOO

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