Yen
August 6, 2024
The Federal Reserve needs to act and slash rates now, and again in September and November, after global stocks have lost a staggering $6.4 trillion in just three weeks.
Monday's global sell-off has sparked investor fears of a looming recession in the US. The Federal Reserve is lagging on rate cuts, and a rising Yen exacerbates economic turbulence in Japan.
Indeed, over the past few weeks, the Japanese Yen has soared by around 8% against the greenback. This
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