TOKYO -- Japanese Prime Minister Shigeru Ishiba does not plan to seek a consumption tax cut as a way to blunt the pain of higher prices, concluding that such a move would further squeeze the government's finances.
Politics
Japan's Ishiba rules out consumption tax cut to ease inflation pain
Prime minister finds proposal fiscally imprudent despite support from lawmakers
Japanese Prime Minister Shigeru Ishiba answers questions before a lower house committee on May 9. (Photo by Uichiro Kasai)
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