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The Economic Times

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Global Market: Japans yen intervention puts BOJ in spotlight over rate hike path

Japans coordinated yen-buying intervention with the U.S. and South Korea has heightened expectations of faster Bank of Japan rate hikes. Markets now price a 76% chance of a September hike, up sharply from 24%. With the yen weakening after initial gains, policymakers face pressure to tighten policy and reinforce currency stability.

14 Aug 2026 10:38 am