Japanese Liberal Democratic Party lawmaker Taro Kono: The Bank of Japan should raise interest rates to stabilize the yen and control inflation.

According to the Zotonic Finance and Economics APP, Japanese Liberal Democratic Party lawmaker and former Minister of Digital Transformation Taro Kono said on Tuesday that due to political uncertainty casting a shadow over the economic policy outlook, the Bank of Japan should raise the benchmark interest rate to support the yen and curb inflation.