The Bank of Japan could face political pressure to keep interest rates low as opposition parties favoring tax cuts and loose monetary policy are expected to gain influence after the July 20 Upper House election. https://www.japantimes.co.jp/business/2025/07/14/economy/boj-rate-hike-upper-house-election/?utm_medium=Social&utm_source=mastodon #business #economy #boj #2025upperhouseelection #shigeruishiba #ldp #consumptiontax #japaneseeconomy #inflation
Social Democratic Party leader Mizuho Fukushima has said the Japanese opposition party will fight the upcoming House of Councilors election with an emphasis on combating inflation and opposing military expansion. https://www.japantimes.co.jp/news/2025/07/03/japan/politics/sdp-leader-interview/?utm_medium=Social&utm_source=mastodon #japan #politics #sdp#mizuhofukushima #2025upperhouseelection #consumptiontax #wages #food
A consumption tax cut has entered the political conversation ahead of this month's Upper House election despite the Liberal Democratic Party opposing such a reduction. https://www.japantimes.co.jp/business/2025/07/02/economy/election-tax-cut-focus/?utm_medium=Social&utm_source=mastodon #business #economy #consumptiontax #taxes #ldp #japaneseeconomy #tariffs #sanseito #dpp #cdp #yoshihikonoda #2025upperhouseelection #budgets #komeito
Sales of tax-free items at department stores in Japan are tumbling as a greater variety of foreign tourists means changing priorities when shopping. https://www.japantimes.co.jp/business/2025/06/27/companies/department-store-sales-tourists/?utm_medium=Social&utm_source=mastodon #business #companies #departmentstores #retailers #tourism #consumptiontax