Japan and the United States intervene together to support the yen for the first time in 15 years

Japan and the United States have taken coordinated action in the foreign exchange market to support the yen, marking the first joint intervention between the two countries in more than a decade. The move comes after the Japanese currency fell to its weakest level in nearly 40 years, increasing concerns over inflation, import costs, and financial......

Bank of Japan warns AI boom could keep inflation elevated in Japan

The Bank of Japan (BOJ) has cautioned that the rapid global expansion of artificial intelligence investment could generate sustained inflationary pressure in Japan, suggesting that the country's central bank is increasingly attentive to new structural risks that may influence future monetary policy. In an assessment released on Monday,......

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