Archive · 29 Jul 2026

Yen Weakness Tests BOJ Governor Ueda's Calming Capacity

Yen Weakness Tests BOJ Governor Ueda's Calming Capacity

The Japanese yen has been getting weaker, and everyone is watching what the Bank of Japan (BOJ) will do about it.

The BOJ is meeting this Friday, and even though they probably won't change interest rates, what their governor says could be really important.

Some people think the BOJ might raise rates soon, but others think they'll wait.

The yen's weakness is because of things like higher oil prices and differences in interest rates between Japan and other countries.

The Japanese government is also thinking about lowering taxes on food, which could affect the economy.

Everyone is waiting to see if the BOJ can do something to make the yen stronger.

Sources