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Japan's economy rides on tailwind of Fed rate hike prospect
Published Sun, Nov 15, 2015 · 09:50 PM
DURING the recent Bank of Japan (BOJ) monetary policy meeting, the BOJ stood pat on its monetary policy but the prospect of a Federal Reserve rate hike is expected to keep the yen weak against the dollar.
Japan benefits from a weak yen as it bolsters the country's export price competitiveness. The United States is Japan's largest trading p…
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