Sanae Takaichi is likely to be Japan's first female prime minister after winning the race on Saturday to lead the ruling Liberal Democratic Party.
The former internal affairs minister, a conservative nationalist with an expansionary agenda, is expected to replace Prime Minister Shigeru Ishiba since the LDP is the largest in parliament. Below are comments on the outcome:
TAKAHIDE KIUCHI, EXECUTIVE ECONOMIST, NOMURA RESEARCH INSTITUTE "Takaichi adheres to the traditional reflationist view that the government should determine the broad direction of monetary policy. As such, there is a possibility she may intervene in the Bank of Japan's policy operations going forward. The interest rate hike expected in October - already priced in by about 60% of the market - may be delayed by the BOJ, as a