Breaking
CNHong Kong police officer Chu Cheng-kwok died after 21 years of paralysis after being cut on duty. He was 52 years old.CNKarate female players Zhong Yaqi and Tian Xin'er lead the Nagoya Asian Games. Bama International sponsors national players in multiple events to prepare for the competition.INTLBank of England Expected to Hold Rates Despite Rising InflationRUA serial killer in Brazil has been arrested for trying to hide with a child dressed as a woman.RURussian troops strike industrial facilities in Kyiv, Odessa and ZaporizhiaRUAn earthquake of magnitude 4 occurred in the village of Gostagaevskaya, Krasnodar TerritoryRUA Murino resident stabbed his partner during a conflict amid a breakupJPEconomy and Security Minister Onoda will continue in his post, confirming that several cabinet ministers will join and continue in their posts.ITRussia launches drone and missile attack on Kiev, wounding at least 12 peopleRUDavid Beckham backs Lionel Messi for Ballon d'Or after Inter Miami win Copa CampeonesCNHong Kong police officer Chu Cheng-kwok died after 21 years of paralysis after being cut on duty. He was 52 years old.CNKarate female players Zhong Yaqi and Tian Xin'er lead the Nagoya Asian Games. Bama International sponsors national players in multiple events to prepare for the competition.INTLBank of England Expected to Hold Rates Despite Rising InflationRUA serial killer in Brazil has been arrested for trying to hide with a child dressed as a woman.RURussian troops strike industrial facilities in Kyiv, Odessa and ZaporizhiaRUAn earthquake of magnitude 4 occurred in the village of Gostagaevskaya, Krasnodar TerritoryRUA Murino resident stabbed his partner during a conflict amid a breakupJPEconomy and Security Minister Onoda will continue in his post, confirming that several cabinet ministers will join and continue in their posts.ITRussia launches drone and missile attack on Kiev, wounding at least 12 peopleRUDavid Beckham backs Lionel Messi for Ballon d'Or after Inter Miami win Copa Campeones
BackLiberal Democratic Party executives' cabinet admission decisions and the Bank of Japan/Fed's monetary policy trends
Liberal Democratic Party executives' cabinet admission decisions and the Bank of Japan/Fed's monetary policy trends
Developing
時事通信1 hour agoPolitics2 min readJapanView original

Liberal Democratic Party executives' cabinet admission decisions and the Bank of Japan/Fed's monetary policy trends

Quick Look

  • The Liberal Democratic Party's Takashi Yamashita, Hisayuki Fujii, and Yasuhiro Harashi have been confirmed to join the cabinet.
  • Prime Minister Takaichi compiled the resignations of current cabinet ministers at an extraordinary cabinet meeting.
  • The Bank of Japan announced that personal financial assets reached a record high of 2,519 trillion yen at the end of June.

AI-generated summary

Why It Matters

Personnel changes within the Liberal Democratic Party are underway, and several members have been confirmed to join the cabinet. At the same time, domestic and international monetary policy is attracting attention, with the Bank of Japan reporting a record high in personal financial assets and US President Trump calling on the Federal Reserve to lower interest rates.

Font size

Takashi Yamashita of the Liberal Democratic Party has been confirmed to join the cabinet.

(09/17 13:09)

Hisayuki Fujii of the Liberal Democratic Party is set to join the cabinet.

(09/17 12:28)

Yasuhiro Hanashi is set to join the Cabinet.

(09/17 12:26)

Prime Minister Takaichi compiled the resignations of current ministers at an extraordinary cabinet meeting.

(09/17 11:47)

According to the Bank of Japan, personal financial assets reached a record high of 2,519 trillion yen at the end of June.

(09/17 08:55)

US President Trump called on the Federal Reserve to "lower interest rates immediately"

(09/17 05:45)

The Federal Reserve has indicated that it expects to raise interest rates one more time this year.

(09/17 03:05)

The US Federal Reserve has decided to raise the policy interest rate by 0.25% to 3.75% to 4.00% annually.

(09/17 03:02)

A special court in The Hague has sentenced former Kosovo President Thaci to 25 years in prison.

(09/16 18:47)

Representative Yoshimura of the Meiji Restoration Party informed the prime minister of his intention to reduce the consumption tax and reduce the number of members of the House of Representatives during the extraordinary Diet session.

(09/16 15:51)

The ruling party leader officially confirmed that the Meiji Restoration will turn to cabinet cooperation.

(09/16 15:36)

It has been revealed that Kansai Electric Power and Tohoku Electric Power have expressed their intention to participate in an interim storage facility in Mutsu City, Aomori Prefecture, which will temporarily store spent nuclear fuel.

(09/16 12:43)

Prime Minister Takaichi said regarding the LDP's change of the House of Councilors secretary-general, ``I do not have the authority to appoint personnel in the House of Councilors.''

(09/16 10:54)

According to South Korean media, a South Korean district court ordered North Korea to pay approximately 5 billion yen in compensation for the bombing of the inter-Korean joint liaison office.

(09/16 10:27)

The Tokyo District Court has handed down a fine to an event company charged with violating antitrust laws in a bid-rigging case surrounding the Tokyo Olympics and Paralympics. All six companies indicted were found guilty.

(09/16 10:04)

Liberal Democratic Party House of Councilors Secretary-General Ishii has retired and Kazuhiko Aoki has been appointed as his successor.

(09/16 09:54)

The trade balance in August was a deficit of 1.1056 trillion yen.

(09/16 08:53)

Tremors with a seismic intensity of 4 were observed in Kumamoto Prefecture.

(09/16 06:16)

What to Watch

AI outlook — possibilities, not facts

  • Takashi Yamashita, Hisayuki Fujii, and Yasuhiro Harashi of the Liberal Democratic Party officially join the cabinet.

    Very likely · Within days

  • The Fed will raise rates one more time this year.

    Likely · Within months

  • Kansai Electric Power and Tohoku Electric Power participate in interim storage facility in Mutsu City, Aomori Prefecture

    Possible · Within months

Open Questions

  • What are the specific positions of the three people who will join the Cabinet?
  • What are the factors behind the increase in personal financial assets at the Bank of Japan?
  • What is the Fed's official response to President Trump's Fed request?
  • What is the feasibility of Meiji Restoration's consumption tax reduction and reduction in the number of members of parliament?

Related Topics

This article was originally published by 時事通信.

Related Stories

Economy and Security Minister Onoda will continue in his post, confirming that several cabinet ministers will join and continue in their posts.
BREAKING·

Economy and Security Minister Onoda will continue in his post, confirming that several cabinet ministers will join and continue in their posts.

At an extraordinary cabinet meeting, Prime Minister Takaichi compiled the resignations of current ministers and decided to continue serving as Minister of Economic Security and Security Onoda. Hiroyoshi Sasakawa will be appointed as Environment Minister and will also be in charge of bear damage countermeasures, while Chief Cabinet Secretary Kihara, Foreign Minister Motegi, and Finance Minister Katayama will continue in their posts. Hiroshi Nakashi of the Meiji Restoration was appointed as Minister of Regulatory Reform, and Representative Tatsunori Ibayashi was appointed as Minister of Land, Infrastructure, Transport and Tourism. From the Liberal Democratic Party, Goshi Hosono, Kazuo Yan, Takashi Yamashita, Hiroyoshi Sasakawa, Hisayuki Fujii, Yasuhiro Harashi, and Yoshihiro Seki have been confirmed to join the cabinet. Meanwhile, the Bank of Japan announced that personal financial assets reached a new record high of 2,519 trillion yen at the end of June. US President Trump demanded that the Federal Reserve immediately lower interest rates, and the New York Dow at one point recorded a decline of more than 800 points. The Federal Reserve has hinted at one more rate hike within the year, and has decided to raise the policy rate by 0.25% to 3.75-4.00% annually. A special court in The Hague has sentenced former Kosovo President Thaci to 25 years in prison. Representative Yoshimura of the Meiji Restoration Party conveyed to the prime minister his intention to reduce the consumption tax and reduce the number of members of the House of Representatives at an extraordinary Diet session.

時事通信
3 min read
A series of reshuffled cabinet appointments, including Economic and Security Minister Onoda's continued appointment and Mr. Sasakawa's appointment as Environment Minister.
Developing·

A series of reshuffled cabinet appointments, including Economic and Security Minister Onoda's continued appointment and Mr. Sasakawa's appointment as Environment Minister.

At an extraordinary cabinet meeting, Prime Minister Takaichi summarized the resignations of current cabinet ministers and announced personnel changes to the cabinet, including the continued appointment of Economy and Security Minister Onoda, the appointment of Hiroyoshi Sasakawa as environment minister, the continued appointment of Chief Cabinet Secretary Kihara, Foreign Minister Motegi, and Finance Minister Katayama, the appointment of Meiji Restoration's Hiroshi Nakashi as minister of regulatory reform, and the appointment of Rep. Tatsunori Ibayashi as minister of Land, Infrastructure, Transport and Tourism. In addition, the Liberal Democratic Party's Goshi Hosono, Kazuo Yan, Takashi Yamashita, Hiroyoshi Sasakawa, Hisayuki Fujii, Yasuhiro Harashi, and Yoshihiro Seki have been confirmed to join the cabinet, the Bank of Japan has reported a new record high in personal financial assets, and US President Trump has called on the Federal Reserve to cut interest rates. Domestic and international developments were reported, including the New York Dow dropping more than 800 points at one point, the Federal Reserve hinting at further interest rate hikes by the end of the year, the US Federal Reserve raising its policy interest rate by 0.25%, and the Hague Special Tribunal sentencing the former president of Kosovo to 25 years in prison.

時事通信
2 min read
Prime Minister Sanae Takaichi launches second reshuffled cabinet; Chief Cabinet Secretary Kihara and others continue to serve, Yoshihiro Seki and others join for the first time
BREAKING·

Prime Minister Sanae Takaichi launches second reshuffled cabinet; Chief Cabinet Secretary Kihara and others continue to serve, Yoshihiro Seki and others join for the first time

Prime Minister Sanae Takaichi will inaugurate the second reshuffled Takaichi Cabinet on the afternoon of the 17th. Chief Cabinet Secretary Minoru Kihara, Foreign Minister Toshimitsu Mogi, Finance Minister Satsuki Katayama, and Defense Minister Shinjiro Koizumi will continue to serve in the Cabinet, while former State Minister of Economy, Trade and Industry Yoshihiro Seki and former State Minister of the Environment Hiroyoshi Sasakawa will join the Cabinet for the first time. Mr. Seki, a former member of the Abe faction, was involved in the factional slush fund scandal, but this will be his first time joining the cabinet since the scandal was discovered. The focus is on the treatment of Internal Affairs and Communications Minister Yoshimasa Hayashi, who competed with the prime minister in last year's presidential election. The Meiji Restoration Association turned to cooperation within the Cabinet, and former Secretary-General Hiroshi Nakatsuka entered the Cabinet for the first time. Kei Sato, Deputy Chief Cabinet Secretary, will be replaced by Yusuke Nakanishi, former Vice Minister of Internal Affairs and Communications. It will be officially launched in the evening of the same day after a certification ceremony at the Imperial Palace, and the Prime Minister will explain its aims and policies at a press conference.

時事通信
2 min read
Multiple news events occur simultaneously, including the Liberal Democratic Party executive's decision to join the cabinet, the Bank of Japan's financial asset statistics, and the US Federal Reserve's decision to raise interest rates.
BREAKING·

Multiple news events occur simultaneously, including the Liberal Democratic Party executive's decision to join the cabinet, the Bank of Japan's financial asset statistics, and the US Federal Reserve's decision to raise interest rates.

The Liberal Democratic Party's Takashi Yamashita, Hisayuki Fujii, and Yasuhiro Harashi have been confirmed to join the cabinet, and Prime Minister Takaichi has compiled the resignations of current ministers at an extraordinary cabinet meeting. Meanwhile, the Bank of Japan announced that personal financial assets reached a new record high of 2,519 trillion yen at the end of June. The US Federal Reserve decided to raise the policy interest rate by 0.25% to 3.75% to 4.00% annually, and President Trump demanded that the Fed immediately cut interest rates. In addition, it was reported that the Hague Special Tribunal sentenced the former president of Kosovo to 25 years in prison, that representatives of Ishin proposed to the prime minister a consumption tax cut and a reduction in the number of members of parliament, that Kansai Electric Power and Tohoku Electric Power were considering participating in an interim storage facility in Mutsu City, Aomori Prefecture, and that a South Korean district court ordered North Korea to pay approximately 5 billion yen in compensation.

時事通信
2 min read
Talks about replacing Prime Minister Mertz grow stronger within Germany's CDU, following the disastrous defeat in the eastern state parliamentary elections
Developing·

Talks about replacing Prime Minister Mertz grow stronger within Germany's CDU, following the disastrous defeat in the eastern state parliamentary elections

The CDU suffered a crushing defeat in Germany's Saxony-Anhalt state parliament election, and the far-right AfD rose to become the largest party. There is growing talk within the party that Chancellor Merz should step down, and the party's fate may be determined by the Berlin and Mecklenburg-Vorpommern state elections on the 20th. There have also been reports of confidence questions being asked by leading party figures and the emergence of candidates for the next prime minister.

時事通信
2 min read
Prime Minister Sanae Takaichi's appointment of party officials, with stability in mind for the presidential election?
Developing·

Prime Minister Sanae Takaichi's appointment of party officials, with stability in mind for the presidential election?

Prime Minister Sanae Takaichi has retained Deputy President Taro Aso and Secretary-General Shunichi Suzuki in party executive personnel changes, in an effort to stabilize the party ahead of next fall's presidential election. The appointment of Hideki Murai, a mid-ranking member with no cabinet experience, as chairman of the national committee was perceived as a ``surprise'', but there have been voices of dissatisfaction within the party, with Suzuki expressing dissatisfaction with the selection process, which according to party rules is the authority of the secretary-general.

時事通信
3 min read
More on this topicTakashi Yamashita