高市早苗称日元贬值是“好事一件”，盘中暴跌0.6%逼近160，美国拒绝出手相助！

Core Viewpoint - The recent volatility of the Japanese yen has sparked significant market discussion, particularly following Prime Minister Kishi's controversial remarks that a weaker yen is "good news" for export businesses, which has led to further depreciation of the currency [1][3]. Group 1: Economic Impact - A moderate depreciation of the yen can enhance the price competitiveness of Japanese exports, such as automobiles and electronics, in international markets [3]. - However, the continuous depreciation of the yen has drastically increased the cost of living for ordinary citizens, with staple food prices, such as rice, soaring to 4,095 yen for 5 kilograms, approximately 183 RMB, a level described as comparable to pre-World War II conditions [3]. - It is projected that by 2026, over 15,000 food items will see price increases, further straining the purchasing power of fixed-income retirees and wage earners [3]. Group 2: Political Repercussions - Kishi's comments have led to public dissatisfaction and raised questions about her governance capabilities, with opposition figures criticizing her lack of consideration for the daily expenses of citizens [3][5]. - Following public backlash, Kishi avoided a scheduled policy debate, which has been interpreted as an attempt to evade scrutiny, and her fluctuating emotional responses during the election campaign have drawn criticism [5]. - The current political climate poses significant pressure on Kishi, as she has pledged to resign if her ruling coalition fails to secure a majority in the upcoming House of Representatives election [5]. Group 3: International Relations and Future Outlook - U.S. Treasury Secretary Yellen's statement that the U.S. "absolutely does not" intervene in foreign exchange markets and the reaffirmation of a "strong dollar policy" highlight the fragile nature of U.S.-Japan relations in the context of economic interests [5][7]. - Analysts are divided on the future trajectory of the yen, with some optimistic that a slowdown in the U.S. economy and potential Fed rate cuts could lead to a rebound in the yen, while pessimists point to deeper structural issues in the Japanese economy as the core reason for the yen's pressure [7]. - JPMorgan's analysis suggests that if Kishi continues with expansionary fiscal policies, it could exacerbate the depreciation of the yen, predicting that the dollar to yen exchange rate may rise to 164 by the end of 2026 [7].