Japan can’t improve fiscal health without strengthening the economyWhat is most important is to ensure fiscal sustainabilityDon’t expect to see a “Truss-shock” type of market routClosely watching market movements including JGB yields and yen currencyGovernment watching for any speculative moves
The UK continues to catch strays on the whole Truss-Kwarteng mini-budget fiasco from 2022. A timely one as well ahead of the budget later. Anyway back to Takaichi, her comments here are nothing surprising. She is a major fiscal dove and will do whatever it takes to push her agenda. So, expect her to talk the talk in trying to walk the walk as well.
This article was written by Justin Low at investinglive.com.