Japan economy minister Ishihara crossing the wires
Japanese authorities will be concerned with the yen strengthening ... and they'll begin with some jawboning like this
Past experience shows:
- they'll ramp the jawboning up if the yen keeps on rising
- ... and it also show there would be a long way to go before we saw anything more substantive from them
- And it also shows they've been pretty ineffective with such comments ... no one cares :-D
