Japanese Prime Minister Takaichi Rejects Criticism Around Weak Yen and High Interest Rates
She said her administration will build a stronger economy and control bond issuance as markets worry about a weaker yen and higher borrowing costs.
6 Articles
6 Articles
Japanese Prime Minister Sanae Takaichi directly refuted criticism linking her to the recent weakening of the yen and rising market interest rates. This move is interpreted as an attempt to quell concerns that the cabinet, marking its first anniversary, is fueling instability in the foreign exchange and bond markets by being fixated on expansionary fiscal policies. Prime Minister Takaichi also reaffirmed her intention to ensure fiscal sustainabil…
Prime Minister Sanai Takashi of Japan strongly denied her responsibility for the depreciation of the yen and high interest rates in Japan.
Illustrative image Photo: PexelsPrime Minister denies responsibility for weak yen and high interest and promises to control debt issuance
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