Japan’s Takaichi Says More Bond Issuance May Become Unavoidable

Japan will need to rely on excess tax revenue to fight back against rising consumer prices, but issuing government bonds “could become unavoidable if the situation calls for it,” said Sanae Takaichi, a frontrunner in the ruling Liberal Democratic Party’s leadership race.

The ex-economic security minister spoke alongside four other candidates at a joint press conference in Tokyo on Tuesday, in which they all stressed the importance of deploying countermeasures to inflation.