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US Warns Against Excessive Yen Volatility, Calls for BOJ Rate Hikes

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The US has warned against excessive yen volatility and called for BOJ rate hikes, saying that the interactions with the US this week show a level and a breadth of engagement that reflects the seriousness of the relationship.

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US Warns Against Excessive Yen Volatility, Calls for BOJ Rate Hikes

The US has warned against excessive yen volatility and called for BOJ rate hikes, saying that the interactions with the US this week show a level and a breadth of engagement that reflects the seriousness of the relationship. The warning comes as the yen has been experiencing high volatility in recent weeks, with the currency falling to a record low against the US dollar. The BOJ has been under pressure to raise interest rates to stabilize the yen and prevent excessive volatility.

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