2025-01-21 16:46
IndustryJapan’s Top Currency Official Warns of Market
Japan's top currency official, Jun Tamimura, has pledged to closely monitor the foreign exchange market's response to Trump’s policies, which have already caused some volatility in the yen. Tamimura stated, “If the Trump administration makes announcements on policy management that affect market interest rates, monetary policy, and money supply, the market may respond either positively or negatively.” ⚖️
Trump's policies, including tariffs, tax cuts, and immigration restrictions, are seen as inflationary, and if inflation accelerates, these policies could be revised. The yen's fluctuations have been linked to these remarks, highlighting the economic uncertainty surrounding the new administration's approach 📉.
Tamimura further emphasized that the Ministry of Finance is monitoring speculative movements in the currency market on a daily basis, as such volatility is deemed undesirable. He also acknowledged that import prices could rise if the yen weakens, as real wages are expected to increase, which may help revive private consumption 🍚.
#Japan #Yen #CurrencyMarket #TrumpPolicies #Inflation #ForeignExchange #EconomicVolatility
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Japan’s Top Currency Official Warns of Market
| 2025-01-21 16:46
Japan's top currency official, Jun Tamimura, has pledged to closely monitor the foreign exchange market's response to Trump’s policies, which have already caused some volatility in the yen. Tamimura stated, “If the Trump administration makes announcements on policy management that affect market interest rates, monetary policy, and money supply, the market may respond either positively or negatively.” ⚖️
Trump's policies, including tariffs, tax cuts, and immigration restrictions, are seen as inflationary, and if inflation accelerates, these policies could be revised. The yen's fluctuations have been linked to these remarks, highlighting the economic uncertainty surrounding the new administration's approach 📉.
Tamimura further emphasized that the Ministry of Finance is monitoring speculative movements in the currency market on a daily basis, as such volatility is deemed undesirable. He also acknowledged that import prices could rise if the yen weakens, as real wages are expected to increase, which may help revive private consumption 🍚.
#Japan #Yen #CurrencyMarket #TrumpPolicies #Inflation #ForeignExchange #EconomicVolatility
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