Fed Rate Hikes Sting Japan's Regional Banks

The US Federal Reserve kicks off its two-day monetary policy meeting on Tuesday and is widely expected to hike rates again. The central bank is trying to tame surging inflation... but the policy is having global ramifications. Economists (Kato Izuru, Chief Economist at Totan Research, and Ito Shoichi, Senior Managing Director at Nagomi Capital) told NHK World's Yanaka Marie about the problems it's revealing about Japanese regional banks.