According to CoinMeta, US Treasury Secretary Yellen recently stated when discussing the yen and the Bank of Japan that the recent rise in inflation in Japan was due to the weakening yen and rising energy prices. He believes that as energy prices fall and the excessive weakness of the yen subsides, inflation will decrease, and the yen may enter a virtuous cycle. He expressed confidence in the decisions made by Bank of Japan Governor Kuroda, believing that they will be in the best interest of the Japanese economy.