Story perspectives

Japan's New Minister Tackles Weak Yen's Mixed Impact

10/28/2025

27 4

Summary

Story summary

Minoru Kiuchi, Japan's new Economic Revitalisation Minister, says a weak yen brings both benefits and drawbacks.
He notes the weak yen raises import costs and inflation while boosting exporters' profits.
The government plans a comprehensive economic package to address rising living costs, potentially exceeding last year's $92 billion.
Bank of Japan policy shifts may affect the yen's value and inflation, while analysts expect higher spending under Prime Minister Sanae Takaichi.

1 of 1

Story summary

Minoru Kiuchi, Japan's new Economic Revitalisation Minister, says a weak yen brings both benefits and drawbacks.
He notes the weak yen raises import costs and inflation while boosting exporters' profits.
The government plans a comprehensive economic package to address rising living costs, potentially exceeding last year's $92 billion.
Bank of Japan policy shifts may affect the yen's value and inflation, while analysts expect higher spending under Prime Minister Sanae Takaichi.