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After Japan's snap election, political uncertainty leads to weaker yen and stock gains
For the first time since 2009, Japan's ruling coalition, led by the Liberal Democratic Party (LDP) of Prime Minister Shigeru Ishiba, has lost its majority. In this edition, we look at the role played by the cost-of-living crisis in the result and what this could mean for the Japanese economy going forward. The country's central bank, the Bank of Japan, and its policy of hiking interest rates is coming under particular pressure.
For the first time since 2009, Japan's ruling coalition, led by the Liberal Democratic Party (LDP) of Prime Minister Shigeru Ishiba, has lost its majority. In this edition, we look at the role played by the cost-of-living crisis in the result and what this could mean for the Japanese economy going forward. The country's central bank, the Bank of Japan, and its policy of hiking interest rates is coming under particular pressure.
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