The U.S. Treasury Secretary gave a 6-minute interview, explaining for the first time why the U.S. decided to intervene in the yen after 15 years. He mentioned the Asian financial crisis in the mid-1990s, where one of the triggers was the sharp depreciation of the yen. At the same time, excessive depreciation of the yen could harm the global economy. Therefore, in addition to this round of currency intervention, he will also monitor follow-up policies that could strengthen the yen.