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by ageitgey
43 days ago
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> it's a far worse idea when you're a lesser economic power Exactly. Japan has held its interest rates at almost zero for years (currently 0.75%) while the US is at 3.5% and has been roughly there or higher since late 2022. Having a negative 3% interest rate gap with the world's largest economy for over 3 years is going to cause currency weakness. |
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