The Japan Times
To say that Japanese policymakers have no control over the yen is an exaggeration. Or it is? Ask Powell — Jerome Powell. https://www.japantimes.co.jp/commentary/2024/07/01/japan/federal-reserve-yen-fluctuations/ #commentary #japan #currencies #yen #forex #dollar #federalreserve #boj #kazuoueda #atsushimimura #japaneseeconomy #financeministry
There’s a new 'Mr. Yen' in town

No matter what the Bank of Japan or the Finance Ministry do, ultimate control over the yen's value lies in the hands of U.S. Federal Reserve Chair Jerome Powell.

The Japan Times
Jul 1, 2024 at 2:02pmBuffer