Japan's Finance Minister Katayama says will carry out responsible fiscal policy, while keeping in mind the IMF's preliminary policy recommendation
Newsquawk Staff ·
Japan's Finance Minister Katayama says will carry out responsible fiscal policy, while keeping in mind the IMF's preliminary policy recommendation.
What it means
Finance Minister Katayama's commitment to a responsible fiscal policy while considering the IMF's recommendations signals a cautious approach to Japan's economic management. This could imply a potential tightening of fiscal measures, which may influence market expectations for future monetary policy and fixed income yields in the region. Traders should watch for how this aligns with overall risk sentiment and other economic signals from Japan.
- UK OBR forecasts GDP growth slowing from 1.25% in 2026 to 1.0% in 2027, while CPI inflation is expected to reach 3.5% in 2027 (vs prev. 2% seen in March)
- Italian PM Meloni’s government is set to pass EU-compliant budget for 2027, according to FT
- Japanese Finance Minister Katayama says watching market trends with a high sense of urgency
- PREVIEW: Federal Reserve Rate Decision due Wednesday, October 28th at 18:00GMT/14:00EDT
- PREVIEW: ECB Policy Announcement due Thursday, 29th October 2026 at 13:15GMT/08:15EDT
Related headlines
- UK Chancellor Healey is to reverse cuts to cash ISA allowances in which he will use Wednesday’s Budget to maintain tax-free limit at GBP 20,000 a year, reversing a plan by his predecessor Rachel Reeves, according to FT16 hours ago
- UK Chancellor Healey prepares to slash household gas bills by GBP 50, according to Telegraph18 hours ago
- BoC Deputy Governor Rogers says uncertainty over the economy is hanging over the Canadian housing market20 min ago
- [MARKET ANALYSIS] UK Budget, 2026: No fireworks from Chancellor Healey, major reform kicked to 2027+, DMO skewed away from the long-end once again22 min ago
- Atlanta Fed GDPNow (Q3) 3.3% (prev. 3.4%)23 min ago
- BoC Governor Macklem says Canada is seeing increased investment in the energy sector; policy rate remains low enough not to restrain economic growth, even after the latest hike31 min ago
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings1 hour ago
- BoC MPR: Raises 2026 GDP forecast to 1.0% from 0.7%, 2027 and 2028 GDP raised to 2.0% from 1.8% 1 hour ago
- Canadian BoC Interest Rate Decision 2.5% vs. Exp. 2.5% (Prev. 2.25%)1 hour ago
- [MARKET UPDATE] Limited Gilt reaction on the Chancellor's speech. Upside in Gilts on the DMO remit, size as expected and marked skew away from long-end. OBR commentary then pared some of this.1 hour ago
- UK DMO says gross gilt issuance planned for 2026/27 is GBP 250.6bln (exp. 249.6bln, prev. 246.2bln in April remit)1 hour ago
- PREVIEW: BoC Rate Decision and Governor Statement due Wednesday 28th October, 2026 at 13:45GMT/09:45EDT1 hour ago
- Newsquawk US Daily Equity Opening News - SKHY surges after op profit beat; NXPI & STX down after results2 hours ago
- Germany sells EUR 3.89bln (exp. 5.5bln) 2036 Bund: b/c 1.15x (prev. 1.16x), average yield 3.37% (prev. 3.58%), retention 29.3% (prev. 24.1%)4 hours ago
- Qatar has not presented a new proposal to end hostilities between Iran and the US, Reuters reports, citing a senior Iranian official; Tehran's policy of showing no flexibility over the nuclear issue remains unchanged5 hours ago