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Japanese PM Takaichi will not comment on rates, which are determined by various factors; hopes BoJ works closely with the government

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PM Takaichi declined to comment on interest rates while seeking close BoJ coordination, pledging no deficit-financing bonds for food tax cuts and aiming to lower debt-to-GDP.

News detail

Will not rely on deficit-financing bonds to fund food sales tax cut. Will aim to control annual debt issuance while steadily lowering debt-to-GDP.

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