Japan, Takaichi
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By Rocky Swift and Tom Westbrook TOKYO, Feb 9 (Reuters) - The biggest landslide win in postwar history has given Japan's Prime Minister Sanae Takaichi a huge mandate to revitalise the economy, but investors say she has little room to run up deficits or pressure will be quickly back on bonds and the yen.
T AKAICHI SANAE gambled her position as Japan’s prime minister by calling a snap election. Her bet has paid off. The ruling Liberal Democratic Party (LDP) triumphed on February
Japanese Prime Minister Sanae Takaichi's call for a snap election had rattled markets and triggered a sharp selloff in Japanese government bonds.
Combined with a parliamentary election result that opens the door to more fiscal easing, the data sets the Bank of Japan up for another rate increase in the next few months. We continue to expect the BoJ to raise interest rates two more times in 2026, taking the benchmark rate to 1.25 per cent by the end of the year.
The ruling Liberal Democratic Party captured a two-thirds supermajority in the 465-seat lower house, public broadcaster NHK reported.
Tokyo's Nikkei 225 share index has jumped 4.5% after Japanese Prime Minister Sanae Takaichi’s governing party secured a two-thirds supermajority in a parliamentary election.
TOKYO, Feb 9 (Reuters) - Japan's massive foreign currency reserves, a priority war-chest for future yen interventions, have come under renewed scrutiny as Prime Minister Sanae Takaichi scours for funding to bankroll a controversial plan to suspend a consumption tax after her landslide election win.
The government said that about 40 percent of all polling stations closed earlier than planned because of heavy snow on Sunday.