Japanese Prime Minister Sanae Takaichi said in parliament on 9 October that the government would monitor exchangeExchangeDefinition An exchange is an organised marketplace where buyers and sellers can trade financial assets according to a common set of rules. Examples of assets traded on exc...Read More-rate and price developments carefully and respond appropriately, Reuters reported. She also said fiscal policyFiscal PolicyFiscal Policy refers to the method by which governments adjust their levels of spending and taxation to directly influence the economy. The term belongs in Level 7 because it he...Read More would consider factors including interest rates and yen movements. The remarks keep currencyCurrencyDefinition A currency is a form of money used to pay for goods and services, measure value, and transfer purchasing power between people and businesses. Examples include t...Read More risks in focus but do not confirm an intervention, specify an exchange-rate threshold or announce a Bank of Japan policy decision.

Japanese Prime Minister Sanae Takaichi said the government will closely monitor yen exchange-rate movements and inflationInflationInflation refers to a sustained rise in the general price level that reduces the purchasing power of money. The term belongs in Level 7 because it helps connect macro conditions...Read More, promising an appropriate response to economic developments. Her remarks come amid concerns that a weak yen is raising import costs and worsening pressure on household budgets.