key takeaways
- The Japanese government is suspected of intervening in foreign exchange markets again, highlighting ongoing concerns about the impact of yen weakness on key constituencies.
- Prime Minister Kishida Fumio is under pressure to provide relief, but his options are limited – and it is unclear how much desire there is for higher interest rates.
- The Bank of Japan has offered few additional signals about its intentions for short-term rates at its next meeting.
Japan Foresight 