United States — Federal Reserve & Sanae Takaichi

United States — Federal Reserve: The United States — Federal Reserve's anticipated rate hikes this year have underpinned the United States's strength.

Sanae Takaichi: Prime Minister Sanae Takaichi's government faces potential undermining of popularity due to rising import costs and inflation caused by the weak Japan — Japanese yen. She also unveiled a large investment plan with unclear funding sources.

United States — Federal Reserve: The United States — Federal Reserve is under pressure to raise interest rates due to persistent inflation driven by the Iran war, though it is currently expected to hold rates steady.

Sanae Takaichi: Sanae Takaichi, Japan's Prime Minister, engaged in discussions with Iranian President Masoud Pezeshkian to facilitate oil transit through the Strait of Hormuz.