— Bloomberg
Tokyo: Japanese monetary authorities are open to intervening in the currency market “to mitigate the side effects of a weak yen,” a government panel member says, reflecting Prime Minister Sanae Takaichi’s concerns about inflation.
Takaichi’s administration “will intervene more actively in the foreign exchange market, I believe”, Takuji Aida, who is also chief economist at Credit Agricole, said last Sunday during a live broadcast on NHK.
