Bank of Japan May Raise Rates Higher Than Expected, Says Pimco on Nostr: The Asian Financial Crisis: A Potential Rerun Amidst Concerns Over the Buoyant US ...
The Asian Financial Crisis: A Potential Rerun Amidst Concerns Over the Buoyant US Economy and High Interest Rates
===============
#9654910e ver:0.33
Investors fear a potential rerun of the Asian financial crisis as the buoyant US economy and high interest rates pose risks to Asian stability. The Bank of Japan intervenes to support the yen, which weakened due to rate differentials and the strength of the US economy. The yen's decline is also influenced by COVID-19 and the Bank of Japan's low interest rates. Japanese officials may intervene further to stabilize the yen, but sustained action may be needed. The US economic backdrop and upcoming data complicate the situation. #AsianFinancialCrisis #USinterestrates #BankofJapan #yenweakness...
#newstr #AsianFinancialCrisis #UsEconomy #UsInterestRates #Investors #CentralBankers #UsDollar #Currencies #CapitalOutflows #BankOfJapan #Yen
https://here.news/story/9654910e?ver=0.33
===============
#9654910e ver:0.33
Investors fear a potential rerun of the Asian financial crisis as the buoyant US economy and high interest rates pose risks to Asian stability. The Bank of Japan intervenes to support the yen, which weakened due to rate differentials and the strength of the US economy. The yen's decline is also influenced by COVID-19 and the Bank of Japan's low interest rates. Japanese officials may intervene further to stabilize the yen, but sustained action may be needed. The US economic backdrop and upcoming data complicate the situation. #AsianFinancialCrisis #USinterestrates #BankofJapan #yenweakness...
#newstr #AsianFinancialCrisis #UsEconomy #UsInterestRates #Investors #CentralBankers #UsDollar #Currencies #CapitalOutflows #BankOfJapan #Yen
https://here.news/story/9654910e?ver=0.33