Uncertainty Ahead Following Japan's Currency Intervention

The yen is seeing volatile moves. The Bank of Japan's reluctance to tighten its ultra-loose policy as other central banks raise rates is causing a trend of yen weakness. The Japanese government intervened by buying its currency for the first time in 24 years, but that only managed to strengthen it for a short while. NHK World's Yanaka Marie spoke to Dai-ichi Life Research Institute executive chief economist Kumano Hideo, who says the yen could face a situation like the British pound if Japan isn't careful.