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Japan's PM Takaichi Urges Caution Amid Stubborn Inflation

11/5/2025

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Story summary
  • Sanae Takaichi, Japan's Prime Minister, said on November 4 that sustainable inflation backed by wage growth has not been achieved.
  • She urged the Bank of Japan to proceed cautiously with rate hikes.
  • Inflation is around 3%, and the 2% target remains out of reach.
  • Takaichi plans fiscal measures to boost household income and monitor possible BoJ decisions as the yen fluctuates.