Aurora Macro Strategies

Aurora Japan Report: Will Takaichi's Fiscal Ambitions Reach Into Monetary Policy?

February 25, 2026

Japan

Takaichi's fiscal ambitions are increasingly difficult to separate from Japan's monetary-policy outlook. Aurora explains how budget expansion could pressure the BOJ, the yen, and the credibility of policy normalization.

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Aurora Japan Report: Will Takaichi's Fiscal Ambitions Reach Into Monetary Policy?