Sanae Takaichi warns the Bank of Japan: "Raising interest rates now is foolish"
Sanae Takaichi, Minister of Economy, Trade and Industry, who is running for the LDP leadership election,According to the Tankan survey released by the Bank of Japan on April 1st, the Business Conditions Index (DI) for large manufacturing companies, which indicates the sentiment of the business environment, worsened by 2 points from the previous survey in December 2023 (plus 13) to plus 11. This is the first deterioration in 4 quarters. The sentiment of the related industries worsened due to a decrease in automobile production caused by quality control issues.Regarding the operation of monetary policy, she warned, "I think it's foolish to raise interest rates now." She indicated a concern about the negative impact on personal consumption and business capital investment."There is concern about returning to a long deflation."Emphasized and also pointed out the benefits of a weak yen.
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ぴるさん OP : The tide is changing, isn't it?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
えいきちちゃん : If Mr. Takamichi becomes the president, there is a dissolution general election, and if the Liberal Democratic Party wins, Japanese stocks will go up. I wonder if I should buy it when Mr. Takamichi becomes the president.
ぴるさん OP えいきちちゃん : I totally agree but I'm looking forward to the 27th
えいきちちゃん ぴるさん OP : However, in other cases....