Column: Progression of yen depreciation, spiral launch inconvenient for government and Bank of Japan | Reuters
[Tokyo 8th Archyde.com]- The strong dollar and the weak yen cannot be stopped. This move will further push up Japan’s import prices, keep the consumer price index (excluding fresh food, core CPI) high, and increase the downward pressure on private consumption. There is a growing view in the market that even if the yen-buying intervention … Read more