Japan's Weak Yen Strains Importers and Consumers, Pressuring BOJ to Hike

The article argues that Japan's persistently weak yen is benefiting exporters but severely hurting importers and consumers, creating economic imbalance. This adds pressure on the Bank of Japan to raise interest rates, though the central bank's policy path remains uncertain. The development matters because a potential BOJ hike would impact global rates and currency markets.

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