Hammering home the point, she added that it’s “really challenging” to slow the pace of policy tightening amid rising core inflation. Consumer price inflation excluding food and energy rose 6.3% in the 12 months through August, marking an acceleration from 5.9% in the 12 months through July.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting