Again, the yen is strengthened by Ueda's remarks.

失金狼売キング : Who is making you say this? Moreover, as a scholar, aren't you ashamed of this nonsensical rate hike and hawkish position?
While you're saying that, the USD/JPY has plummeted, even falling below Toyota's projected exchange rate. I'm fed up with this double standard of ignoring the drastic fluctuations.

Riresa OP 失金狼売キング : Originally, I was in favor of postponing the interest rate hike. It was not Ueda's intention. It's someone's pressure. This interest rate hike is expected to have a negative impact on export-oriented companies due to the appreciation of the yen and a chain reaction of salary reductions. Since Japan is an emerging country, a weaker yen would lead to economic growth.

Marvin1986 : It's really unbelievable, isn't it? Where does this underlying sentiment come from? Japan is already a poor country... and even though being a poor country gives it a great advantage of 'currency depreciation' as an invisible hand of God, it's desperate to give it up by engaging in exchange rate manipulation and interest rate hikes. For imported goods, high prices are something the poor country just has to bear. During the period of currency depreciation, 'exports are advantageous, attracting investment from overseas is also advantageous for the revitalization of the manufacturing industry! And since inbound tourism is also advantageous, make money from foreign visitors! When Japan finally revitalizes its economy, the currency will appreciate, so invest in the struggling countries with a strong yen at that time and give back!' I think that's the message of the invisible hand of the economy. It's also not good that the people who cannot accept the reality that Japan is no longer an advanced country are pushing for 'We want a stronger yen, we want a stronger yen!' It's truly a living hell within a hell to be poor with a strong currency... I apologize for the lengthy message.

Riresa OP Marvin1986 : That's right. Even if the United States cuts interest rates or does anything, the yen will naturally weaken. I think the situation of the United States with an interest rate of 3% and Japan with an interest rate of 0.5% will probably continue for a long time. They say that imported food prices are soaring, but when I went to the supermarket, it was just domestically produced vegetables that were taking advantage of the situation and raising prices.