Japan's Ishiba: Cash handout is quickest and most effective way to help with high prices

Japanese Prime Minister Shigeru Ishiba said on Wednesday that the cash handout is the quickest and most effective way to help low-income households cope with high prices. 

Key quotes

Cash handout is the quickest and most effective way to help low-income households cope with high prices.
G7 needs to show solidarity to deal with the world's problems.
Told the G7 leaders' summit we can never tolerate Iran's nuclear weapon development.
Confirmed G7 cooperation against North Korea's nuclear missile development and crypto hacking.
Agreed with US President Trump to continue ministerial-level tariff talks.
Will continue to work intensely to achieve a trade deal with the US.
Agreed with South Korean President Lee to closely work together on stable bilateral relations.
Agreed with South Korean President Lee to promote further cooperation on North Korea.
Will attend the NATO summit in the Netherlands next week.
Has not reached a tariff agreement as a package with us.
Some disagreements remain with us on tariff talks.
Seeking a trade deal that benefits both countries while defending Japan's national interest.
Japan and the US were seeking breakthroughs in trade deals until the last minute.

Market reaction

At the time of writing, the USD/JPY pair is trading 0.01% lower on the day to trade at 145.23.