Ishiwari Shigeru, the new leader of the Liberal Democratic Party, who is about to become Japan's next prime minister, emphasized that Japan needs to continue implementing a loose monetary policy. In his speech on Sunday, Shigeru Ishiwari emphasized the importance of cooperation between the Bank of Japan and the government to maintain economic stability. Ishiwari Shigeru's remarks come at a time when the Bank of Japan's interest rate policy is drawing much attention. In response to a possible interest rate hike, he said, “This is a matter for the Bank of Japan to decide. The Bank of Japan has the mission of achieving price stability and will cooperate closely with the government to make decisions.” The incoming prime minister clearly expressed the government's position on monetary policy, asserting that “given the current state of the economy, monetary policy must remain generally loose”. This position shows that the loose monetary policy unique to Japan in recent years will continue.

Ishiwari Shigeru, the new leader of the Liberal Democratic Party, who is about to become Japan's next prime minister, emphasized that Japan needs to continue implementing a loose monetary policy. In his speech on Sunday, Shigeru Ishiwari emphasized the importance of cooperation between the Bank of Japan and the government to maintain economic stability. Ishiwari Shigeru's remarks come at a time when the Bank of Japan's interest rate policy is drawing much attention. In response to a possible interest rate hike, he said, “This is a matter for the Bank of Japan to decide. The Bank of Japan has the mission of achieving price stability and will cooperate closely with the government to make decisions.” The incoming prime minister clearly expressed the government's position on monetary policy, asserting that “given the current state of the economy, monetary policy must remain generally loose”. This position shows that the loose monetary policy unique to Japan in recent years will continue.