1 of 1
Story summary
- The yen fell past 160 per U.S. dollar, reaching 160.20, its weakest level in a month.
- Federal Reserve Chairman Kevin Warsh warned that inflation isn’t slowing, boosting the dollar and yen-selling pressure.
- Bank of Japan Governor Ryozo Himino signaled a September rate hike, with markets pricing an 80-84% chance.
- Finance Minister Satsuki Katayama said Japan could borrow dollars via a Fed facility.
