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Japan finance minister tells Bessent PM Takaichi is not a reflationist

Global Published 29 September 2026, 11:43 · archived 29 Sep 2026

TOKYO: Japanese Finance Minister Satsuki Katayama said on Tuesday she made it clear to US Treasury Secretary Scott Bessent during a phone call last week that Prime Minister Sanae Takaichi is not a reflationist. “I explained that Prime Minister Takaichi is not a reflationist. As I have repeatedly explained on various occasions recently, I noted that this is something she herself has said,” Katayama said. She added she would maintain close communication with the US Treasury and continue working with Washington to ensure orderly currency markets. Katayama’s comments reflect the Takaichi administr...

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