Japanese Officials on Alert as Yen Plunges, Raising Inflation and Putting Pressure on Central Bank

Japanese officials warn against excess yen volatility and declines but avoid intervention language

Finance Minister watches markets "with a sense of urgency" as yen falls beyond 150 per dollar

Yen drop keeps pressure on Bank of Japan to end yield curve control policy

Falling yen raises cost of imports and inflation, hurting consumers

Japan plans subsidies and tax cuts worth $33 billion to cushion impact of rising costs