New Overnight Developments Abroad - Daily Update
Investors Reacting to Several Different Factors
April 22, 2024
The International Monetary Fund gave a thumbs down to the growing consideration by Japanese officials of implementing currency market operations to blunt yen weakness. Japan’s currency is hovering at its weakest levels against the dollar since 1990, and Japanese CPI inflation has exceeded the 2.0% central bank target since April 2022. Nonetheless, the IMF warns […] More
