Be Careful What You Wish For: Weaker Yen A Blessing And A Curse For Japan
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Be Careful What You Wish For: Weaker Yen A Blessing And A Curse For Japan By Simon White, Bloomberg Markets Live reporter and strategist A weaker yen will boost inflation in Japan, but it may do so to an undesirable extent, especially as there are growing signs price growth is becoming embedded. Be careful what you wish for. For years, Japan has yearned for sustainable inflation around 2%. Add a pandemic, a rise in energy prices and one of the most extensive and long-lasting loose...

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