Japan prime minister Takaichi says will implement responsible proactive fiscal policy

• The foundation of our approach will be guided by the principle of ‘economy first, then fiscal policy’
• Will ensure fiscal sustainability and maintain market confidence by reducing the debt-to-GDP ratio
• Will swiftly compile economic measures and submit supplementary budget to parliament

She’s trying to be more modest about her stance now that she is in the hot seat. But again, these are just words. We’ll have to see what the budget comes up to be at the end of the day before really drawing any conclusions. For now, the Japanese yen continues to soften on the week with USD/JPY approaching 153.00 today.

This article was written by Justin Low at investinglive.com.