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

CurrenciesBOJ may face ramped-up pressure from Washington to hike ratesJapanese Finance Minister Satsuki Katayama, left, and U.S. Treasury Secretary Scott Bessent coordinated to bolster the yen from historic lows. (Source photos by Nikkei)SHUNSUKE USHIGOMEAugust 4, 2026 01:25 JSTTOKYO -- 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.