Energy Markets
Sources say that the new Japanese PM is planning a large-scale economic stimulus in order to combat inflation.
Sanae Takaichi, the new Japanese Prime Minister, is working on an economic stimulus package which is expected to be larger than last year's $92billion to help families combat inflation. Government sources familiar with this plan told Reuters that it is being prepared to surpass last year's $92billion. Takaichi, who advocates big fiscal expenditures, took office Tuesday. This is her first major economic initiative. It reflects her commitment to "responsible fiscal policy". Sources declined to identify themselves because it was a private matter. They said that the plan will be built on three main pillars - measures to combat inflation, investments...