Kuzawa Manhiro: Yen intervention could occur at any time, and the Bank of Japan is set to raise interest rates in September
2026-08-14 08:28:36
According to CoinMeta, former senior Japanese foreign exchange diplomat Manhiro Kuzawa stated that the yen exchange rate is too weak, and Japan and the United States may jointly intervene in the currency market again at any time, with no specific level targeted for such action. He expects the Bank of Japan to raise interest rates in September, followed by another increase in December or January next year, and estimates that the Bank of Japan ultimately aims to raise interest rates to around 1.5% to 1.75%.
Source:Internet
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