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Bank of Japan May Raise Rates Higher Than Expected, Says Pimco /
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2024-06-22 20:03:03

Bank of Japan May Raise Rates Higher Than Expected, Says Pimco on Nostr: The Multifaceted Impacts of the Depreciation of the Japanese Yen =============== ...

The Multifaceted Impacts of the Depreciation of the Japanese Yen
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#9654910e ver:0.45

The weak yen is impacting Japanese individuals living overseas, making everything more expensive and affecting their ability to save. The depreciation of the yen has multifaceted impacts on Japan's economy and international travel dynamics. It has led to a surge in Chinese tourism to Japan but caused adverse effects like GDP contraction. The weak yen is also depressing wages in dollar terms and driving away foreign talent. The future of the yen depends on Federal Reserve policy decisions. #WeakYen #JapaneseEconomy #CurrencyDepreciation...

#newstr #JapaneseYen #Depreciation #Currency #InternationalTravel #InterestRate #ExportIndustries

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