作为内阁中最主张通货再膨胀的官员之一，经济增长担当大臣城内实表示，日本不再需要激进货币宽松和灵活财政支出的通货再膨胀政策。
Japan no longer needs a reflationary policy of aggressive monetary easing and nimble fiscal spending, according to Growth Strategy Minister Minoru Kiuchi, one of the Cabinet’s most aggressive reflationists.
城内实在周五的新闻发布会上表示：“‘安倍经济学风格’的通货再膨胀政策时代——即通过激进宽松的货币政策和灵活的财政政策应对——已经结束了。”
“The era of ‘Abenomics-style’ reflationary policies — which involved aggressively easing monetary policy and taking a flexible approach to fiscal policy — is over,” Kiuchi said at a press conference on Friday.
他还指出，日本已不再处于“货币宽松时代”，而是进入了物价温和上涨、利率不断攀升的新阶段。
He also noted that Japan is no longer in “an era of monetary easing,” but has entered a phase in which prices are gradually rising and interest rates are climbing.
在此之前，日元本周再次走弱，国债收益率进一步上升。财务大臣片山さつき（Satsuki Katayama）在另一次表态中透露，美国总统唐纳德·特朗普在本周早些时候与首相高市早苗会晤时，曾对日元表达了关切。
Kiuchi’s comments follow renewed weakness in the yen and further gains in government bond yields this week. Finance Minister Satsuki Katayama separately said that U.S. President Donald Trump had conveyed his concern over the yen during his meeting with Prime Minister Sanae Takaichi earlier this week.
高级官员周五密集发表的言论给人一种印象，即政府正试图支撑汇率，并安抚那些对高市早苗支出计划感到担忧的投资者。在片山发表上述言论后，日元有所回升，兑美元汇率一度触及158.33日元，但仍接近可能促使东京再次干预汇市的水平。
The salvo of comments by senior officials on Friday gave the impression that the government was looking to shore up the currency and reassure investors concerned about Takaichi’s spending plans. The yen gained after Katayama’s comments to briefly hit ¥158.33 against the dollar, but still remains close to levels that could spur Tokyo to intervene in the currency market again.
城内的言论呼应了美国财政部长斯科特·贝森特最近的表态。贝森特此前敦促日本摒弃与“安倍经济学”（已故首相安倍晋三发起的经济战略）相关的通货再膨胀政策。
The remarks by Kiuchi echo recent comments by U.S. Treasury Secretary Scott Bessent. Bessent has urged Japan to move away from the reflationary policies associated with Abenomics, the economic strategy initiated by the late Prime Minister Shinzo Abe.
城内试图划清安倍经济学与高市早苗当前政策组合之间的界限，同时重申了政府的立场，即日本尚未彻底摆脱通货紧缩。
Kiuchi sought to draw a distinction between Abenomics and the current policy mix under Takaichi, while reiterating the government’s position that Japan has yet to decisively emerge from deflation.
“如果你认为‘安倍经济学’（Abenomics）和‘佐奈经济学’（Sanae-nomics）本质上是同一回事，那么我希望你能明白我的意思是：‘佐奈经济学’其实并不属于再通胀（reflationary）政策，”他说。“我明白我们尚未完全摆脱通货紧缩的局面。”上周的内阁改组中，木内泰辅（Kiuchi）得以继续留任。这一决定既表明了高市内阁（Takaichi’s administration）政策的连续性，同时也加剧了部分市场分析师的担忧：他们认为政府仍在试图推行宽松的财政政策，同时希望日本央行（Bank of Japan）能够放慢加息的步伐。
“If you view Abenomics and Sanae-nomics as essentially the same thing, I would appreciate it if you could understand my remarks to mean that the latter is not reflationary policy,” he said. “I understand that we have not yet fully escaped deflation.” Kiuchi was retained in a cabinet reshuffle last week. That helped signal policy continuity for Takaichi’s administration, but it also kept fueling the view among some market analysts that the government is still looking to pursue a loose fiscal policy while trying to slow down interest rate hikes by the Bank of Japan.
上周，日本央行在木内泰辅出席的会议上提高了其基准利率。贝森特（Bessent）明确表示，日本央行有必要继续加息，以帮助日元恢复到合理的水平。
The BOJ raised its policy rate last week at a meeting attended by Kiuchi. Bessent has strongly hinted at the need for the BOJ to raise interest rates to help the yen find an appropriate level.