Japan Fought to Save the Yen. Why Does It Keep Falling?

Japan is struggling to strengthen the yen without damaging economic growth. This video explains why massive currency interventions and higher Bank of Japan interest rates have failed to produce a lasting recovery. It looks at the yen carry trade, the interest-rate gap with the United States, rising import costs, government debt, weak growth, and the difficult choices facing Prime Minister Sanae Takaichi, Finance Minister Satsuki Katayama, and Governor Kazuo Ueda.
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