A joint intervention supports the yen, and Takaichi and Kishida provide advice on the 14-year growth strategy.
2 reports, 2 independent
Updated Aug 27
Gone quiet
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- Developments
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New informationRepeats or wire copies
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What happened
A joint intervention supports the yen, and Takaichi and Kishida provide advice on the 14-year growth strategy.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Bank of Japan
the central bank of Japan
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Sanae Takaichi
Japanese politician, Prime Minister of Japan since 2025
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Fumio Kishida
Prime Minister of Japan from 2021 to 2024
Nothing else this week.
Related events
- Scott Bessent attempts a currency intervention to prop up the yen, applying lessons from the UK's Black Wednesday experience.
- Expansionary fiscal policy is reported to be working against the value of the Japanese Yen.
- BoJ intervention is expected due to weak yen, following reports on Euro area inflation data.
- Speculation mounts regarding potential central bank intervention to support the currency amid policy divergence and weak US job market data.
- Sanae Takaichi discusses the economic strain on the yen, noting how stronger yen affects US exports and the role of BOJ policy.