Japan's Yen Rescue Efforts Threatened by High Oil Prices and Inflation

Japan's central bank has intervened to support the yen, which is at a 40-year low, but concerns about rising oil prices are fueling inflation fears and could undermine these efforts.

2 May, 11:30 — 2 May, 11:30

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marketwatchMostly Factual2h ago

Japan just put a ‘Band-Aid’ on the yen. Why high oil prices could soon rip it off.

Concerns about high oil prices are adding to inflation fears in Japan, as the BOJ just moved to rescue the yen from a roughly 40-year low.

By Isabel Wang

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Japan's Yen Rescue Efforts Threatened by High Oil Prices and Inflation

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Japan just put a ‘Band-Aid’ on the yen. Why high oil prices could soon rip it off.

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