Implications of U.S. Treasury Pressure on Bank of Japan (BOJ) to Hike Rates

The U.S. Treasury called for the Bank of Japan (BOJ) to hike interest rates to address the yen’s weakness. However, there have been discussions and analyses suggesting that U.S. authorities, including the Treasury, have expressed concerns about the yen’s depreciation, particularly due to its status as a safe-haven currency. The yen has weakened significantly, reaching levels [...]The post Implications of U.S. Treasury Pressure on Bank of Japan (BOJ) to Hike Rates appeared first on Tekedia.

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