Economic measures should focus on building national resilience to prepare for the future, not on pork barrel spending and temporary tax cuts that please voters.
Kishida seems to be betting on tax cuts to keep his administration afloat, but his approach is "incongruous" with the anticipated defense tax hikes.
The PM's policy speech addressed many issues but failed to firmly address the nation's security and his tax cut proposal seemed designed to curry public favor.
The Bank of Japan aims at achieving sustainable and stable inflation with significant wage growth but the latest modification to its monetary easing is complex.
Many countries are fighting inflation pressures while Japan's policymakers are attempting to raise them on a sustainable basis. Signs are they're succeeding.
Economic revitalization won't happen without taking risks. The trend of wage increases must be extended to small- and medium-sized enterprises.
New Bank of Japan Governor Ueda must strive for adaptability and avoid causing market turmoil as he steers the monetary-easing policy toward an exit strategy.
"Declining births are a battle with time, and we plan to address this problem head on," said the Japanese prime minister.