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Bank of Japan May Raise Rates Higher Than Expected, Says Pimco /
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2024-06-25 00:02:08

Bank of Japan May Raise Rates Higher Than Expected, Says Pimco on Nostr: The Long-Term Consequences of Japan's Weak Yen Strategy =============== #9654910e ...

The Long-Term Consequences of Japan's Weak Yen Strategy
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#9654910e ver:0.46

The weak yen is causing challenges for Japanese individuals living overseas, impacting their purchasing power and ability to save money. It also affects Japan's economy, international travel dynamics, and recruitment of foreign talent. The yen's depreciation is attributed to interest rate differentials and speculation, with the future dependent on Federal Reserve policy decisions. Despite interventions, the yen is unlikely to rally significantly. Japan's weak-yen strategy has backfired, lacking structural reforms and innovation. The BOJ's monetary easing keeps the yen in decline, and the economy is losing momentum. Blaming Washington for the sliding yen is not credible. #WeakYen #CurrencyDepreciation #EconomicImpact...

#newstr #Yen #Currency #Japan #BankOfJapan #WeakyenStrategy

https://here.news/story/9654910e?ver=0.46
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