Why is the U.S. buying Japanese yen?
Hint: It involves inflation and the interest rates that are paid by consumers and businesses.
The U.S. Treasury Department’s decision to intervene to support Japan’s currency last week may seem bizarre: Why would American policymakers care what happens to another country’s money?
Just a moment.
We are getting your experience ready.
https://www.nbcnews.com/business/economy/treasury-japan-yen-interest-rates-inflation-rcna590617
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