Japan PM Takaichi’s party poised for landslide victory, poll shows
Summary
Japanese Prime Minister Sanae Takaichi's party is set for a landslide victory in the lower house election, boosting her fiscal expansion agenda and reinforcing her political mandate.
Key Points
- Japanese Prime Minister Sanae Takaichi's party is poised for a landslide victory in the upcoming lower house election.
- Takaichi's Liberal Democratic Party is expected to exceed the majority threshold of 233 seats, increasing from the current 198 seats.
- The ruling coalition with the Japan Innovation Party is likely to reach 300 seats, solidifying Takaichi's power.
- Investor concerns rise due to Takaichi's plans for bigger spending and consumption tax cuts, affecting government bond yields.
