Category: Yen (Currency)

Japan Raises Interest Rates to 31-Year High Under U.S. Pressure

The New York Times – Business:
The Bank of Japan’s widely expected move followed an unusual campaign by Treasury Secretary Scott Bessent for tighter monetary policy.
Architects of Japan’s Easy-Money Policies Are Changing Their Minds

The New York Times – Business:
As the Bank of Japan weighs another rate increase on Friday, a divide over how Japan should confront inflation is widening.
The Economic Fallout From a Potential Return to $100 Oil

The New York Times – Business:
Brent crude, the international benchmark for oil, is spiking again, reviving fears of inflation.
Satsuki Katayama, the Woman at the Center of Japan’s Currency Fight

The New York Times – Business:
Japan’s finance minister, Satsuki Katayama, is under pressure to strengthen the yen while balancing competing demands from the prime minister and Washington.
Why Japan Is Struggling to Stop the Yen’s Decline

The New York Times – Business:
The currency has resumed its slide, eroding gains after the U.S. Treasury intervened to prop it up, as concerns mount about the direction of the country’s spending.
What the Stock Market’s Record Rally Has to Do With Rescuing the Yen

The New York Times – Business:
The wide impact of the U.S. intervention into the Japanese currency shows the extent to which global markets’ revolve around investments in artificial intelligence.
U.S. and Japan Coordinated to Help Stabilize the Yen

The New York Times – Business:
U.S. and Japanese officials confirmed on Sunday that the Treasury Department had moved last week to help the currency.