Published: 2026-02-10T02:26:53.000Z
USD/JPY flows: Takaichi in Action
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Japan pushes fast budget passage as food tax cuts, funding debated
After her sweeping victory in the Lower House, Japanese PM Takaichi acted immediately to push her budget through with discussion continues for food tax cut. Takaichi has said earlier that she would not opt to debt issuance for the new food tax cut and seems to have calmed the market sentiment a tad. Now it looks more likely the Japanese government will tap into foreign reserves for the extra funding.
USD/JPY is trading 0.05% lower at 155.77.