Japan concerned more about negative aspects of weak yen, finance minister says
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Japanese Finance Minister Shunichi Suzuki expressed concern about the negative aspects of the current weakness in the yen. He stated that while a weak yen boosts exporters' profits, it also increases burdens on companies and consumers as it pushes up import prices. Suzuki emphasized that Japan's policy goal is to achieve wage increases that exceed the rise in prices, and therefore, they are more concerned about the negative impact of the yen's weakness at this point.



https://www.investing.com/news/economy-news/japan-concerned-more-about-negative-aspects-of-weak-yen-finance-minister-says-3457970