TOKYO, October 17, 2026: Japan’s Economy Minister Minoru Kiuchi says interest-rate decisions should remain with the independent Bank of Japan. Speaking at a Reuters NEXT event in Tokyo, Kiuchi argued that Japan has moved beyond the deflationary conditions that shaped policy for decades. He outlined a strategy targeting more than 370 trillion yen in public and private investment by fiscal 2040, including semiconductors, AI and quantum technology. Kiuchi also emphasized that growth ambitions must be balanced with fiscal sustainability.
Why this matters
The development is relevant to Japan’s policy outlook and its wider economic and diplomatic relationships. Readers should distinguish confirmed announcements from forecasts, reported proposals and unnamed-source accounts.
Background and related coverage
For context, read NewsNationOnline’s earlier Japan coverage. Original reporting and further details: Reuters source report.
NewsNationOnline international desk. This report is based on attributed public reporting; the accompanying image is an existing editorial illustration, not a photograph of the event.
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