Japan PM Takaichi: Inflation Measures Not Yet Fully Effective

The admission that inflation relief has not fully landed is itself the signal: it shifts the burden of proof onto future fiscal or monetary action, even as no new steps or figures were offered. For markets, the relevance is the policy gap — a government acknowledging pressure without yet detailing a response leaves households and yen-sensitive assets exposed to the next round of global price shocks. Whether Takaichi follows the rhetoric with concrete measures is the open question.