Yahoo Finance on Nostr: nostr:note1qk9fsynfpezp9jddek764lf5zj6rfak74yv905nnyq9t9qjj8leshctvjy

quoting note1qk9…tvjy

Japanese Finance Minister Expresses Concerns Over Negative Impact of Weak Yen
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#56764ea7 ver:0.23

Japanese Finance Minister expresses concern over negative impact of weak yen on trade deficit, as imports rise due to increased costs and exports remain flat. The weak yen has mixed effects on the Japanese economy, benefiting exporters but putting pressure on firms. The impact extends to global trade dynamics, with exports to the US and China increasing while exports to Europe fall. The weak yen could also affect trade between Japan and India. Finance Minister emphasizes the need for wage increases to exceed price rises. #Japan #trade #yen...

#newstr #Japan #Yen #TradeDeficit #Exports #Imports #Deflation #Prices #Wages #InterestRates #ForeignExchangeMarkets

https://here.news/story/56764ea7?ver=0.23