Potential candidate for Japanese Prime Minister, Shigeru Ishiba, supports the Central Bank of Japan raising interest rates.

According to the data from Jinshi, the main potential candidates for the next Prime Minister of Japan support the policy of gradually raising the Interest Rate of the Central Bank of Japan, stating that the normalization of monetary policy can lower prices and improve industrial competitiveness. Shigeru Ishiba, a heavyweight figure in the ruling party of Japan, said, ‘The Central Bank of Japan is on the right policy path and is gradually aligning with global Interest Rates.’ He said, ‘The negative impact of raising Interest Rates, such as a big dump in the stock market, has always been the focus of attention, but we must recognize its advantages, because raising Interest Rates can drop import costs and make industries more competitive.’