Takaichi-Cost: Japan’s High-Stakes Economic Gamble
Japan’s economy faces a fragile balance as “Takaichi-cost” pressures grow: from inflation and unstable tax revenues to household strains and limited policy tools.
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Japan’s economy faces a fragile balance as “Takaichi-cost” pressures grow: from inflation and unstable tax revenues to household strains and limited policy tools.
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Japan’s cost-of-living crisis worsens as rice prices soar, the yen nears historic lows, and PM Takaichi’s gaffe fuels a price spiral dubbed the ‘Takaichi-cost’ hitting households hard.