Japanese Finance Minister Katayama tells US Treasury Secretary Takaichi is not a reflationist

Japanese Finance Minister Satsuki Katayama told US Treasury Secretary Scott Bessent that Prime Minister Sanae Takaichi is not a reflationist. Katayama confirmed that Prime Minister Takaichi herself stated she is not a reflationist.
Furthermore, Katayama stated that Prime Minister Takaichi pursues a “responsible and proactive” fiscal agenda. Economy Minister Minoru Kiuchi also asserted that the period of Abenomics-style reflation policies has concluded.
Regarding market stability, Katayama confirmed he will maintain close communication with the US Treasury and continue working with Washington to ensure orderly currency markets.































