Takaichi convenes Ministerial Council on Monthly Economic Report.

Takaichi states Japan will increase its cooperation with the United States on foreign exchange matters.

Takaichi says FX policy is important to support the economy.

Takaichi plans to decide this month on cutting food tax to 1%.

Takaichi administration considers a 1% tax on food starting next April.

Takaichi's 'red flag' on the budget makes markets nervous.