【#1403】BOJ Should Not Disrupt Takaichi’s Growth Strategy
Hideo Tamura ー
At its monetary policy meeting on September 18, the Bank of Japan decided to raise its policy interest rate by 0.25 percentage points to 1.25%, effective on September 24. The policy interest rate was thus increased to the highest level in 31 years, since 1995 just before Japan plunged into a chronic deflationary recession.
【#1402】Hopes on Get-Things-Done Cabinet
Takashi Arimoto ー
The reshuffled Second Takaichi Cabinet began work in earnest on Sept. 24 after Japan’s extended holiday weekend. Although news coverage of cabinet reshuffles tends to focus on political maneuvering, such as intraparty power dynamics, the latest appointments indicate that Prime Minister Sanae Takaichi,