- Japan can't improve fiscal health without strengthening the economy
- What is most important is to ensure fiscal sustainability
- Don't expect to see a "Truss-shock" type of market rout
- Closely watching market movements including JGB yields and yen currency
- Government 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.
