Global Economy
Japanese PM Takaichi’s draft policy speech says the government will respond flexibly if economic or market developments diverge from expectations, Nikkei reports
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Japan's PM Takaichi's draft policy speech indicates flexible responses to market deviations, considering supplementary budgets if growth weakens, spending cuts if rates surge, and rate-aware JGB issuance.
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Measures include considering supplementary budgets if the economy weakens or spending cuts if interest rates surge. Adds that annual JGB issuance will be determined with market rates in mind.
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