Japan’s Economic Crossroads: Yen Weakness Spurs Rate Hike Talk Amidst EV Battery Revolution

Key TakeawaysFormer Bank of Japan (BOJ) executives are signaling a potential interest rate hike as early as October if economic forecasts improve, driven by concerns over the prolonged weakness of the yen and its inflationary impact through higher import costs.Toyota Motor Corporation (7203.T) is accelerating its electric vehicle (EV) strategy, planning to introduce Battery Electric Vehicles (BEVs) equipped with game-changing solid-state batteries by 2027-2028, targeting ranges up to 750 miles (1,200 km) an ...