We doubt that incoming PM Sanae Takaichi will prevent the Bank of Japan from hiking interest rates altogether though her victory makes it less likely that the Bank will hike this year. In fact, any loosening of fiscal policy would strengthen the case for tighter monetary policy as it would create additional upward pressure on inflation.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.
