A Japanese government economic adviser, Nagase, said moderate interest rate hikes by the Bank of Japan are crucial to correcting what he described as excessive depreciation of the yen.
According to Jin10, Nagase characterized a measured pace of BOJ tightening as important for addressing the yen’s over-weakening.
Moderate Bank of Japan Rate Hikes Are Key to Correcting Excess Yen Weakness, Adviser Says
2026-07-02 06:15:49
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