Japanese policymakers are
turning their attention to more structural economic factors
behind persistent yen declines, convinced that market
intervention is limited in its ability to reverse the. -May 29, 2024 at 10:20 pm EDT
- MarketScreener
Yen s Relentless Slide Revives Japan s Interest in Structural Reforms usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
By Makiko Yamazaki and Takaya Yamaguchi TOKYO (Reuters) - Japanese policymakers are turning their attention to more structural economic factors behind persistent yen declines, convinced that market intervention is limited in its ability to reverse .
(Bloomberg) Japan’s currency is yet again at the mercy of the US economy, with Tokyo’s efforts to buy time for the beleaguered yen vulnerable to shifts in the outlook for interest rate cuts by the Federal Reserve.Most Read from BloombergTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionS&P 500 Falls 1% as Oil Jump Spurs Flight to Bonds: Markets WrapApple Explores Home Robotics as Potential ‘Next Big Thing’ After Car FizzlesBiden Tells Netanyahu US Support Hinges on Protecting Ci
(Bloomberg) The yen is coming under renewed pressure as a powerful earthquake that hit Japan on New Year’s Day makes it harder for the Bank of Japan to abolish negative interest rates. Most Read from BloombergFed Sees Rates Staying High for Some Time With Cuts Eyed in 2024Saving the Panama Canal Will Take Years and Cost Billions, If It’s Even PossibleConfidential Jeffrey Epstein Documents Unsealed by New York CourtTech Stocks Log Four-Day Losing Streak, Bonds Rise: Markets WrapHarvard’s Presi