Reported 25 days ago
Sanae Takaichi, a prominent candidate in Japan's ruling Liberal Democratic Party's leadership race, has warned the Bank of Japan (BOJ) against raising interest rates, advocating for their maintenance at ultra-low levels to bolster the fragile economic recovery. Despite the BOJ raising rates earlier this year, Takaichi emphasized the need for ongoing fiscal and monetary support to achieve sustained economic stability. As LDP elections approach, Takaichi's position reflects a broader debate on Japan's economic strategy amidst rising living costs and public debt.
Source: YAHOO