Summary
- Shigeru Ishiba, the new leader of Japan and critic of Abenomics, faces doubts about governing as an outsider.
- Ishiba defeated Sanae Takaichi in the LDP race, signaling a potential shift in economic policy.
- Uncertainty remains about Ishiba’s ability to implement his outsider policies.
- Market reactions suggest resistance to further rate hikes under Ishiba’s leadership.