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Hayashi of Japan states that a weak Japanese Yen plays a role in inflation.

Hayashi of Japan states that a weak Japanese Yen plays a role in inflation.

Japan’s Economy and Yen Dynamics The candidate for Prime Minister, Yoshimasa, remarked on Monday that Japan’s struggling yen, along with the surge in oil prices due to the ongoing conflict in Ukraine, is contributing to cost-push inflation. Key Remarks Yoshimasa mentioned that the Bank of Japan (BOJ) formulates its monetary policy in alignment with government […]