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Why Japan's Yen Is the Weakest in 20 Years and What That Means
10 days ago - By Washington Post
The yen has slipped to more than two-decade lows against the dollar largely because Japan has a different view on inflation than its global peers. The Bank of Japan stands out with its commitment to maintain rock-bottom interest rates to revive inflation on a sustainable basis (after years of trying to fend off deflation), even as surging prices in most of the rest of the world spur the US Federal Reserve and other central banks to roll back stimulus and raise rates. A weaker yen can both benefi
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