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Sanae Takaichi warns the Bank of Japan: "Raising interest rates now would be foolish"

Summary by Nikkei
Sanae Takaichi, Minister of State for Economic Security and a candidate in the LDP presidential election, warned in an internet program aired on the 23rd about the Bank of Japan's monetary policy management, saying, "I think it would be foolish to raise interest rates now." She recognized that this would have a negative impact on personal consumption and corporate capital investment, and emphasized, "There are concerns that we could return to a …
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NikkeiNikkei
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Sanae Takaichi warns the Bank of Japan: "Raising interest rates now would be foolish"

Sanae Takaichi, Minister of State for Economic Security and a candidate in the LDP presidential election, warned in an internet program aired on the 23rd about the Bank of Japan's monetary policy management, saying, "I think it would be foolish to raise interest rates now." She recognized that this would have a negative impact on personal consumption and corporate capital investment, and emphasized, "There are concerns that we could return to a …

·Japan
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Nikkei broke the news in Japan on Monday, September 23, 2024.
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