thejapantimes, 1 month ago to business Former U.S. Treasury Secretary Lawrence Summers said that currency interventions are ineffective at shifting exchange rates, even at the large magnitude that Japan has been thought to have deployed recently. https://www.japantimes.co.jp/business/2024/05/04/economy/currency-intervention-ineffective/ #business #economy #us #yen #lawrencesummers #boj #japaneseeconomy
Former U.S. Treasury Secretary Lawrence Summers said that currency interventions are ineffective at shifting exchange rates, even at the large magnitude that Japan has been thought to have deployed recently. https://www.japantimes.co.jp/business/2024/05/04/economy/currency-intervention-ineffective/ #business #economy #us #yen #lawrencesummers #boj #japaneseeconomy