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Bank of Japan warns of 'high uncertainties' after election

Businesses and economists worry that as concessions to other parties, Ishiba, 67, will offer tax cuts and higher spending, and go slow on reforms needed to improve Japan's competitiveness.

People walk past the Bank of Japan headquarters in Tokyo. The bank has warned of "high uncertainties" following the ruling party's worst election result in 15 years. (AFP)
By: NewVision Reporter, Journalists @NewVision


TOKYO - The Bank of Japan warned Thursday of "high uncertainties" following the ruling party's worst election result in 15 years, as it kept interest rates unchanged.

Sunday's snap

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Tags:
Business
Bank of Japan
Prime Minister Shigeru Ishiba
Elections
Interest rates