JAPAN: The International Monetary Fund has urged Japan to continue its gradual interest rate hikes as it navigates rising inflation and long-term fiscal pressures. Officials believe steady policy tightening is necessary to stabilize prices after decades of ultra-low inflation. The IMF also cautioned against cutting consumption taxes too soon, warning it could worsen public debt levels. Japan’s economic recovery remains delicate, especially with household spending still under strain. The recommendation highlights the balancing act between supporting growth and maintaining financial discipline.

  • Pray that economic and financial leaders make decisions that protect households and promote long-term stability (The Holy Bible, Proverbs 21:5).
  • Pray that government institutions manage national resources wisely for the welfare of future generations (The Holy Bible, Genesis 41:34–36).

News Source: News Now – Japan

Image Source: Canva