Japan's cabinet approval rating falls to a low lev

Aihuicha, October 16: a poll by Japan's Asahi Shimbun found that the support rate of Kishida's cabinet fell to 29% from 37% last month, while a Daily News poll showed that the support rate remained unchanged at a record low of 25%. Approval ratings below 30 percent are often seen as a danger zone for prime ministers and could influence Mr. Kishida's decision on when to hold his next election. Although Mr. Kishida does not need elections until 2025, there is speculation that he will hold them by the end of the year. In addition, polls show that respondents are feeling the pain of inflation. Inflation has hovered above the Bank of Japan's 2% target for 17 consecutive months as the Bank of Japan maintains ultra loose monetary policy. They have lower expectations for Mr. Kishida's economic plan, which is set to be announced at the end of this month.