Monetary Policy Liberal Democrats “Government and Bank of Japan Joint Statement Unchanged” Ritsumin “should be reviewed”

Regarding monetary policy, in NHK's "Sunday Debate", the LDP emphasized that there was no need to change the joint statement of the government and the Bank of Japan, which included a price stability target of 2%. Instead, he argued that it should be reviewed.

Liberal Democratic Party Secretary-General Seko

Seko, secretary-general of the LDP's House of Councilors, said, "The 2% price stability target has far outweighed the side effects, and there is absolutely no need to change the policy. Given the relationship between supply and demand, the price increase rate is still 2%. %, so instead of discussing an exit strategy, it is all about working hard to achieve the target.If we start reviewing the joint statement of the government and the Bank of Japan, it will cause confusion in the market. There is no reason to change now," he said.

Komei Nishida, President of the House of Councilors

Nishida, chairman of the Komeito House of Councilors, said, "We are not in a position to immediately think about an exit strategy now, but in order to restore the market function, we must think about it somewhere. An exit strategy is accompanied by a deflationary effect, so we will continue to pay wages from next year onwards." It is important for the government to commit to growth in order to raise the base of the economy."

Ritsumin Tanabe, Secretary-General of the House of Councilors

Tanabe, secretary-general of the House of Councilors of the Constitutional Democratic Party of Japan, said, "In the past 10 years, real wages have not risen, the disparity has widened, and the poverty problem has not been resolved. We have issued a joint statement to raise wages without adhering to the 2% target. Abenomics must be summed up as a failure, and politics has a big responsibility to find a way to remove the side effects of monetary easing on a different level."

Ishin, Chairman of the Diet Affairs Committee of the East House of Councillors

The chairman of the East House of Councilors Diet Affairs Committee of the Japan Restoration Party said, "We should continue with large-scale monetary easing, but there are side effects. Japan's economy has not grown for 30 years, and in the world economy. We are in a critical situation where our presence is waning, and we should carry out regulatory reform and investment in growth industries."

Communist Party Secretary-General Inoue

Inoue, secretary-general of the Communist Party's House of Councillors, said, "It's clear that the bankruptcy of monetary easing on a different scale has led to increased profits for large companies and the wealthy due to rising stock prices, while low-wage labor has expanded. It is necessary to rebuild the real economy immediately."

Citizen Kawai, Secretary-General of the House of Councilors

Kawai, secretary-general of the House of Councilors of the Democratic Party for the People, said, "I can't help but say that the fact that the 2% target has not been achieved is a optimistic outlook. We will examine the effects and side effects of monetary easing of a different dimension, and will consider appropriate measures that lead to wage increases. I would like to see the government implement a more robust monetary policy."

Reiwa Mr. Hasegawa

Haiko Hasegawa, a member of the Reiwa Shinsengumi, said, "It would be a mistake to end monetary easing. Raising interest rates is like telling small and medium-sized enterprises to go bankrupt. Unemployment will increase and wages will fall." I was.