Japan-US yen intervention seen just buying time against Tokyo's loose stance

BOJ may face ramped-up pressure from Washington to hike rates

Treasury Secretary Scott Bessent coordinated to bolster the yen from historic lows. (Source photos by Nikkei)

TOKYO -- The intervention by Japan and the U.S. to strengthen the yen is seen by analysts as little more than offering a temporary respite amid Tokyo's fiscal and monetary policies, which have weighed down the Japanese currency.

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