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The joint U.S.-Japan support of the yen is unusual. The way it is being financed is unprecedented, writes WSJ’s @jmackin2

The way it’s being done should make us worry that the Federal Reserve is being roped into ease monetary conditions.

The joint U.S.-Japan support of the yen is unusual. The way it is being financed is unprecedented, writes WSJ’s @jmackin2

We haven't written up this one. WSJ Economy has the full story — the link below goes straight to it.

Read the original at wsj.com →

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