AsiaOne·3 min read·hard
Japan's Takaichi defends policy as underpinning yen, approval rating slumps
✦AI Summary
Japanese Prime Minister Sanae Takaichi is defending her economic policies as the yen hits a 40-year low and her approval ratings decline. The government is struggling to balance fiscal expansion with the rising cost of living and potential tax relief measures.
TOKYO — Japanese Prime Minister Sanae Takaichi said government efforts to boost the country's growth potential will underpin market trust in the yen, countering views that the rising cost of living from the weak currency was hurting her approval ratings.
politicseconomy
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