• KYODO, JIJI

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Prime Minister Fumio Kishida said that monetary policy should be formulated “comprehensively,” and not just to address the yen’s recent slide.

“While monetary policy affects foreign exchange, it also has a major impact on the burden of interest payments by small- and medium-sized enterprises,” said Kishida, head of the ruling Liberal Democratic Party, during an online debate of party leaders held Saturday ahead of the July 10 Upper House election.

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