15min chapter

Bloomberg Surveillance cover image

Reacting to Jay Powell and the Fed

Bloomberg Surveillance

CHAPTER

Unilateral Intervention in Foreign Exchange Markets

The chapter explores Japan's attempts at currency intervention and its implications on reflation and national policy. It discusses the challenges of signaling future interest rate hikes, the impact of exchange rates on monetary policy in the Pacific Rim, and the Federal Reserve's approach to interest rates and inflation levels.

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