• Kenneth Rogoff


June 2024, Interview: "With the Japanese yen hovering at weak levels against the dollar and showing no sign of strengthening significantly, the government is taking steps to intervene and buoy the currency. "I think that when you have extreme changes like this, there's some logic to have a short-term intervention, but it's not going to work forever," said Harvard University professor Kenneth Rogoff, who previously served as chief economist and director of research at the International Monetary Fund. Rogoff also said the Bank of Japan eventually will need to bring interest rates in line with those in the rest of the world, but "it's going to be a very difficult challenge to balance inflation stabilization with financial stability.""