What's ahead for the yen? After wild week, U.S. inflation watch resumes
TOKYO -- How much longer will it take the U.S. to tame inflation? That is the question Japanese authorities must be asking themselves after currency market movements that look like attempts to support the yen.
The past three weeks have been packed with exchange rate drama. A test of wills between the market and authorities has unfolded while the U.S. Federal Reserve and the Bank of Japan each faced their own policy challenges.