The Economic Daily News reported on the 25th: Japan's Economic Security Minister Jōnai Minoru said at a press conference on Friday that the era of the 'Abenomics' reflation policy, characterized by aggressive monetary easing and flexible use of fiscal policy, has ended, and Japan has entered a phase of gradually rising prices and higher interest rates.

Jōnai Minoru was previously known for his stance on the 'reflation policy'. (rc)