日本央行前委员樱井真：若日元再度下跌，日本央行或将于3月加息

Core Viewpoint - The former member of the Bank of Japan, Sakurai Makoto, suggests that if the yen depreciates again before the upcoming Japan-U.S. summit in March, the Bank of Japan may raise interest rates as early as March [1] Group 1 - Sakurai states that intervention in the exchange rate only has a temporary effect on suppressing the selling pressure of the yen [1] - The best way to address the weakness of the yen is through an interest rate hike by the Bank of Japan [1] - A further depreciation of the yen will increase import costs, thereby raising inflation and offsetting some of the downward pressure from government fuel subsidies [1] Group 2 - Sakurai mentions that if a significant depreciation of the yen occurs, the Bank of Japan could justify an interest rate hike based on expected strong wage growth during the spring annual wage negotiations among companies and labor unions [1]