On February 8, Takashi Sato announced the House of Representatives election: it will end the excessively tight fiscal policy

Wallstreetcn
2026.01.19 09:02
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Kishida Fumio announced the dissolution of the House of Representatives on January 23, with elections to be held on February 8, clearly stating that this election is a referendum on the legitimacy of his administration, and his position as Prime Minister depends on whether the ruling coalition can maintain a majority of seats. He also proposed a shift in fiscal policy, ending excessive austerity, increasing strategic spending, and considering the cancellation of the food consumption tax. Currently, the market reaction is cautious, with limited fluctuations in the yen exchange rate, and investors are closely monitoring the election results and subsequent policy directions