US has full confidence in Takaichi's fiscal discipline: Treasury official

What happened: U.S. Treasury Under Secretary for International Affairs Erin Browne told Nikkei the U.S. has full confidence in Takaichi's fiscal discipline, praising Japan's move away from reflationary policies. Key numbers: Interview took place Friday on the sidelines of the IMF annual meetings in Bangkok; Washington applied pressure in September. Why it matters: Browne's softer tone follows that September pressure, and she said Japan is on a positive inflation trajectory.

U.S. Treasury Under Secretary for International Affairs Erin Browne told Nikkei the U.S. has full confidence in Takaichi's fiscal discipline, praising Japan's move away from reflationary policies.

Browne's softer tone follows that September pressure, and she said Japan is on a positive inflation trajectory.