Japan shifts messaging to counter view its policies are reflationary, Katayama says in TV interview

Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST Tap here to return to FAST
FAST

TOKYO, Oct 3 : Japan's government has begun recalibrating its messaging to reassure markets that Prime Minister Sanae Takaichi is not pursuing reflationary policies, Finance Minister Satsuki Katayama said in an interview with broadcaster TV Tokyo on Saturday.

US Treasury Secretary Scott Bessent views Takaichi's economic policies as suited to current economic conditions, but has questioned whether the government has been communicating that message clearly enough to investors, Katayama said.

"So we concluded around late August that we need to communicate that message more clearly to financial markets," Katayama said, addressing market perceptions that the administration's policies are reflationary.

Newsletter

Week in Review

Subscribe to our Chief Editor’s Week in Review

Our chief editor shares analysis and picks of the week's biggest news every Saturday.

Sign up for our newsletters

Get our pick of top stories and thought-provoking articles in your inbox

Subscribe here

Get the CNA app

Stay updated with notifications for breaking news and our best stories

Download here

Get WhatsApp alerts

Join our channel for the top reads for the day on your preferred chat app

Join here