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Japan rate hikes, yen weakness, US‑Japan intervention

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Latest: United States and Japan coordinate major yen intervention

In late July the Bank of Japan voted 8‑1 to keep its short‑term policy rate at about 1 percent, while raising its FY2026 GDP growth outlook to 0.6 % and FY2027 to 0.8 %. The central bank also trimmed its core‑CPI forecas