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Interest rates: Japanese monetary policy makes yen exchange rate a risk for the USA

US Finance Minister Scott Bessent is urging the Bank of Japan to raise interest rates. This is his attempt to reduce pressure on US bond yields. However, even if the BoJ were to follow his lead, his problem would remain.

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Interest rates: Japanese monetary policy makes yen exchange rate a risk for the USA

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

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