Japan PM Kishida: Sharp yen moves are undesirable

• Does not think that there is a gap in view on FX between Suzuki (finance minister) and Kuroda (BOJ governor)
• Weak yen is positive for exporters, though it hurts households, some businesses
• Kuroda has said weak yen is good for the economy as a whole, but there are some demerits
• Cannot say whether weak yen will be short-lived or long-lasting

The commentary on the yen is rather typical but you get the sense that there is a bit of friction between the government and the BOJ as of late amid a weaker currency and rising inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term pressures. The two issues are putting more of a strain on Japanese businesses and consumers, so that is definitely something that needs attention.