Japan chief cabinet secretary says government is watching markets with high sense of urgency
Government is watching markets with very high sense of urgencyLong-term interest rates are decided by markets based on various factorsWant to secure market trust by stably lowering government debt-to-GDP ratioIt's not direct verbal intervention and jawboning towards the Japanese yen currency situation, but the headline remark is indirectly alluding to that. The Japanese government continues to reaffirm that Takaichi's fiscal policy approach remains the right way to go.
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