AI Data Insight
In the second quarter of 2026 (May), the actual value of Japan's M1 money supply dropped to 1096.3 trillion yen, a significant pullback from the previous month's 1102.9 trillion yen. As the Bank of Japan raised its benchmark interest rate to 1%, coupled with a bond market sell-off triggered by government policies, short- to medium-term market liquidity and the yen's trajectory will face more severe tests in the future.