The Japan Times: Tokyo issues strong warning on yen intervention as currency dips further

Finance Minister Shunichi Suzuki's recent remarks suggest Tokyo may intervene in currency markets due to concerns over excessive yen depreciation. Following a meeting with U.S. and South Korean counterparts, Suzuki warned of the impact of a weak yen on import costs. The dollar's recent strength against the yen has heightened concerns, prompting discussions among the three countries. Analysts anticipate potential volatility during Japan's Golden Week holidays, prompting authorities to remain vigilant. Suzuki emphasized Japan's readiness to address currency volatility and did not rule out intervention. The yen's decline is attributed to strong U.S. economic data, raising speculation about the Federal Reserve's interest rate policy.