As fighting in the Middle East intensifies, the yen continues to fall. The Bank of Japan's reluctance to intervene is not due to a lack of desire to intervene, but rather a fear of excessive costs. Behind this lies a complex macroeconomic dilemma.

2026-03-18

As fighting in the Middle East intensifies, the yen continues to fall. The Bank of Japan's reluctance to intervene is not due to a lack of desire to intervene, but rather a fear of excessive costs. Behind this lies a complex macroeconomic dilemma.