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The Leading Japanese Economist Urges Further Interest Rate Hikes, Immediately Sending the Yen Soaring

Summary by Portfolio
The Bank of Japan should gradually raise its base rate further to curb the excessive weakening of the yen, said Nagahama Toshihiro, a member of the government's economic council. The yen immediately reacted and began to strengthen sharply.
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The Leading Japanese Economist Urges Further Interest Rate Hikes, Immediately Sending the Yen Soaring

The Bank of Japan should gradually raise its base rate further to curb the excessive weakening of the yen, said Nagahama Toshihiro, a member of the government's economic council. The yen immediately reacted and began to strengthen sharply.

·Budapest, Hungary
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Portfolio broke the news in Budapest, Hungary on Thursday, July 2, 2026.
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