4 articles on Tokyo
Tokyo denies accusations that it is exerting political pressure on the Bank of Japan to keep interest rates low. The government reaffirms the independence of its central bank.
Inflation in Tokyo rose in June, driven by energy prices. This acceleration is fueling renewed speculation about monetary tightening by the Bank of Japan.
Tokyo's inflation rate in May came in below expectations. The Bank of Japan may reconsider its plan to raise interest rates in June.
The yen rose as much as 3% in a matter of hours following intervention by Japanese authorities. The dollar fell to 155.60 yen, and traders remain on edge.