Japanese economic experts: Rate hikes difficult to reverse yen depreciation trend.

Eiho Kumano, Executive Director of the Japan Financial Planners Association: In fact, the interest rates in the United States have not significantly decreased despite the fall in oil prices. Due to the relatively high interest rates in the United States, the continuous flow of funds from Japan to the United States still exists. Therefore, the current depreciation trend of the yen will not fundamentally change even if the Bank of Japan raises interest rates. With the advancement of artificial intelligence, the operating mechanism of the financial market has become highly complex and sophisticated. Therefore, even using relatively traditional measures such as foreign exchange intervention, it is difficult to change market trends.