Japan's PM Takaichi says they are to focus on stably lowering the debt-to-GDP ratio; to manage primary balance over multiple years

Japan's PM Takaichi's commitment to gradually lowering the debt-to-GDP ratio signals a potential shift towards a more fiscally conservative stance. This policy focus could imply longer-term implications for Japan's monetary policy and could influence market expectations regarding interest rates and fiscal stimulus, particularly if it aims at stabilizing or strengthening the yen amidst ongoing global economic pressures.