TOKYO -- Japanese Prime Minister Sanae Takaichi continues to back away from support for a reflationary economic policy in a move to reassure the markets and the Trump administration that it is not overly cautious about interest rate hikes.
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Japanese Prime Minister Sanae Takaichi speaks at an Oct. 8 parliament session where she stressed "this is not a phase in which reflationary policies are necessary." (Photo by Ken Suzuki)