Mitsuhiro Furusawa, a former finance officer at Japan's Ministry of Finance, said that Japan may take more measures to intervene in yen, and the Bank of Japan may speed up the pace of interest rate hikes. The coordinated intervention of Japan and the US in the yen could happen again at any time. If the yen returns to the level before the Japan-US joint intervention at the end of July, Japan and the US may intervene again. The Bank of Japan may raise interest rates in September and then raise interest rates again in December or January next year. The Bank of Japan may eventually want to raise interest rates to around 1.5%-1.75%.

Mitsuhiro Furusawa, a former finance officer at Japan's Ministry of Finance, said that Japan may take more measures to intervene in yen, and the Bank of Japan may speed up the pace of interest rate hikes. The coordinated intervention of Japan and the US in the yen could happen again at any time. If the yen returns to the level before the Japan-US joint intervention at the end of July, Japan and the US may intervene again. The Bank of Japan may raise interest rates in September and then raise interest rates again in December or January next year. The Bank of Japan may eventually want to raise interest rates to around 1.5%-1.75%.