Japan’s economy recorded impressive growth in the second quarter of 2023, government data showed on Tuesday, evidence that the country is finally recovering from the Covid doldrums, even as signs […]
Yen (Currency)
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Back to news homeWhy Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt
What’s more, the growing gap between interest rates in Japan and elsewhere was pushing down the yen’s value, piling even more stress on the country’s highly import-dependent economy. That made […]
Japan’s Economy Shrinks Unexpectedly, Hit by a Weak Yen and Rising Inflation
Economists say the fall can be attributed to the Bank of Japan’s decision to keep interest rates low. The difference in rates that has opened as the United States has […]
Why Japan Stands Virtually Alone in Keeping Interest Rates Ultralow
The yen is plummeting and inflation is climbing, but Japan’s economic circumstances have led to a view that raising rates would do more harm than good. Read More
Businesses Brace for Currency Chaos in Asia
Tigun Wibisana and Sandra Kok, who own a cafe in Malaysia, are facing an excruciating decision that could make or break their business of 14 years: Can they increase prices […]
Japan Has Long Sought More Inflation and a Weak Yen. But Not Like This.
TOKYO — For years, as Japan tried to boost its chronically weak economic growth, it pursued what its central bank saw as a magic formula: stronger inflation and a weaker […]