This is a Japan news story, published by CNBC, that relates primarily to Shigeru Ishiba news.
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Shinzo AbeCNBC
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86% Informative
Shigeru Ishiba , the man set to become the next leader of Japan , has made a career as a political outsider and opponent of party orthodoxy.
However, some experts doubt that the former defense minister will manage to govern as such.
Ishiba indicated to reporters that Japan 's monetary policy should remain accommodative to the economy.
Meanwhile, Japan Foresight's Harris says he doubts that Japan is ready to completely leave behind aspects of Abenomics such as fiscal spending and the belief that the government can grow the economy out of its deficit issues. "There's not a whole lot of stomach to prioritize spending cuts or tax hikes.. in that sense, it doesn't seem that we're ready to leave Abenomics behind despite all that Ishiba has been a big critic of it," he said..
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