8min chapter

Odd Lots cover image

Lots More With Brad Setser on the Yen, a New China Shock and Excavators

Odd Lots

CHAPTER

Understanding the Yen's Weakness

This chapter examines the factors influencing the depreciation of the Japanese yen, weighing the roles of dollar strength, interest rate differentials, and Japan's economic policies. It also discusses the implications of yen weakness on inflation, real wages, and the divergent impacts across different economic sectors.

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