Bloomberg quoted the results of two polls as reporting that the approval rating of Japanese Prime Minister Ishiwari Shigeru's ruling coalition continued to decline before this weekend's election, indicating that the voting results may result in a weakened and unstable government. If this election leaves Shi Fa Mao in a weak position, he may have to listen more to the opinions of the Komeito Party, its rivals within the party, and even one more coalition partner. This could result in more expenses and inflated additional budgets. As the Bank of Japan considers the timing of the next rate hike, this may also complicate its communication with the Bank of Japan.

Zhitongcaijing · 10/21 22:49
Bloomberg quoted the results of two polls as reporting that the approval rating of Japanese Prime Minister Ishiwari Shigeru's ruling coalition continued to decline before this weekend's election, indicating that the voting results may result in a weakened and unstable government. If this election leaves Shi Fa Mao in a weak position, he may have to listen more to the opinions of the Komeito Party, its rivals within the party, and even one more coalition partner. This could result in more expenses and inflated additional budgets. As the Bank of Japan considers the timing of the next rate hike, this may also complicate its communication with the Bank of Japan.