Japan's Economy Minister Akazawa emphasizes overcoming deflation under PM Ishiba's leadership and aligning monetary policy changes.
Japan's new Economy Minister, Ryosei Akazawa, emphasized the government's aim to overcome deflation under Prime Minister Shigeru Ishiba's leadership. He highlighted the importance of aligning monetary policy changes with this goal. Ishiba's recent remarks on interest rates have raised investor concerns, contrasting with his predecessor Fumio Kishida's market-friendly policies that previously boosted stocks. The potential impact on Japan’s economy is being closely monitored.
October 03, 2024
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