Against the US Dollar, the Japanese Yen is closing in on the lows it reached in 2024. In trade-weighted terms, the Yen is actually already weaker than it was then, because its current depreciation is… [+2206 chars]
Japan in Crisis - Robin J Brooks | Substack
Only higher interest rates can stop the Yen from falling, but that risks a fiscal crisis
By:Robin J Brooks
Source:Substack.com
Published:
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