The Bank of Japan is expected to raise interest rates at its September monetary policy meeting, with pressure from the US administration drawing market attention as a factor behind efforts to reverse the yen's weakness.
The Bank of Japan is reportedly set to raise interest rates at its September monetary policy meeting, while cautious policy management is called for amid accelerating inflation.
Pressure from the Trump administration has reportedly been working as a tailwind for efforts to reverse the yen's weakness, and moves in that direction are beginning to emerge in the foreign exchange market.
The market is closely watching the Bank of Japan's decision to avoid missing this opportunity, and future developments are drawing investors' attention.
Views that inflation is accelerating are spreading in the market, and depending on future developments, this could affect the decision on whether the policy is appropriate.