Bank of Japan and Takaichi Cabinet: Implement Monetary Policy That Takes Yen’s Depreciation Into Account

Bank of Japan and Takaichi Cabinet: Implement Monetary Policy That Takes Yen’s Depreciation into Account

The troubling issue of high prices that the Japanese economy is facing is significantly influenced by the depreciation of the yen. It is crucial for the Bank of Japan to manage monetary policy while maintaining communication with the government and keeping a close eye on the foreign exchange market.