PM Takaichi rejects "reflationary" label for her economic policies

Prime Minister Sanae Takaichi on Thursday rejected the notion that her economic policy is "reflationary," apparently seeking to counter market perceptions that she favors such an approach after concerns over Japan's fiscal health led to a weaker yen and higher bond yields.

Takaichi sought to distance herself from reflationary policies, which traditionally rely on monetary easing and fiscal stimulus to combat deflation, saying her government's economic policy is "different."