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Would the fed doing an emergency cut also further exasperate the spiral as well since this would further devalue the dollar compared to Yen?
by tru3_power 2y ago
Would the fed doing an emergency cut also further exasperate the spiral as well since this would further devalue the dollar compared to Yen?
- gexla 2y agoI don't think so, because it was already predicted to be likely that the US Fed would lower rates by the time Japan raised theirs. The jobs report from the US sealed it.