Takaichi's falling approval ratings fuel interest rate concerns

PoliticsJapanese leader may use tax cut to burnish image as cabinet reshuffle rumors flyJapanese Prime Minister Sanae Takaichi has indicated that she intends to submit legislation to cut the consumption tax. (Photo by Takashi Miyazaki)SACHIYO OISHIJuly 29, 2026 07:00 JSTTOKYO -- The domestic bond market sees the plungi

Trump's approval rating has fallen to the lowest point of either of his terms in office, according to a new Economist/YouGov poll.

Prime Minister Sanae Takaichi’s declining approval ratings may encourage the government to take a looser approach to spending and taxes, which risks spooking investors in the nation’s currency and bonds, according to market strategists.

In a poll conducted between July 24 and 26, the approval rating for Sanae Takaichi's administration fell to 57%, down from 69% in June and the first time it has dropped below 60% since she took office

Japan's Prime Minister Sanae Takaichi speaks to the media at her official residence in Tokyo, Japan on May 25, 2026. (Photo: Reuters/Kyodo) 27 Jul 2026 11:17AM TOKYO: The approval rating of Japanese Prime Minister Sanae Takaichi's administration slumped in July to the lowest level since she took office last year, the Y