Keidanren Chairman Calls for Early Clarification of Funding for Consumption Tax Cut
2▲0 ▼0Impact / 5
Keidanren Chairman Yoshinobu Tsutsui said at a press conference on the 5th that regarding the consumption tax cut on food items sought by the Takaichi administration, "I would like the funding source to be clarified as soon as possible," calling for specific funding sources to be presented promptly. Regarding the recent rise in long-term interest rates, he said, "It is reasonable for them to rise in line with the growth strategy," while also noting, "Concerns about fiscal policy are not zero" as a factor behind the rise. He further stated, "During the budget compilation period through the end of the year, market movements are sensitive," expressing caution about a sharp rise in interest rates driven by fiscal concerns and other factors.