Japan's new record decline
Just because it's during the Olympics, I don't feel like it's necessary to stand out this much.
What would America do if it were to be reckless today?
The depreciation of the yen, which was not effective due to the intervention of the Bank of Japan, has decided to cut interest rates so that the global economy does not recede, but only Japan is satisfied and raised interest rates. Moreover, it has been declared that they will continue to raise it.
Major Japanese companies earn money from exports, so if the yen depreciates, they can use price competitiveness as a weapon to improve their performance, but I think the appreciation of the yen will put a brake on them.
Maybe they assume that if energy prices and prices rise due to the depreciation of the yen, the approval rating will drop, and the lack of reading the air that happened at this timing in preparation for the election may be a gold medal grade.
Even if prices rise, if there is a flow where companies earn money and raise salaries, they will be able to pay, but this trend could threaten the performance of companies and even survival in some cases.
I can only say that as expected.
I think we should make some kind of announcement. The representative of Japan.
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