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FriedButter

Major
Registered Member
If Japan had $50b dollar a month trade deficit like Europe where do you think Japanese Yen value will stand. no amount of interest rate will rescue it.

The purpose of interest rates isn’t suppose to rescue the Yen. It’s to keep themselves from plunging off the cliff which is why the UK and EU are hiking unlike the Japanese. Only the Federal Reserve can rescue them (or anyone else for that matter) by lowering interest rates and thus weakening the dollar.
 

baykalov

Senior Member
Registered Member

siegecrossbow

General
Staff member
Super Moderator
Read the unhinged comments pure gold

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