☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 5 months agoJapan stocks take largest dive since Black Monday of 1987asia.nikkei.comexternal-linkmessage-square11fedilinkarrow-up185arrow-down10file-textcross-posted to: worldnews@lemmygrad.mlworldnews
arrow-up185arrow-down1external-linkJapan stocks take largest dive since Black Monday of 1987asia.nikkei.com☆ Yσɠƚԋσʂ ☆ to news@hexbear.netEnglish · 5 months agomessage-square11fedilinkfile-textcross-posted to: worldnews@lemmygrad.mlworldnews
minus-squarelarge_goblin [he/him, comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up6·edit-25 months agoSo Japan is expected to keep it’s interest rates at or below zero to allow the yen to be used for speculation. But during economic crises where other major economies raise interest rates it’s also expected to do the same or face devaluation of the yen? I’m more interested in the yen finally starting to recover from it’s steep decline than I am in the value of the stock market.
So Japan is expected to keep it’s interest rates at or below zero to allow the yen to be used for speculation.
But during economic crises where other major economies raise interest rates it’s also expected to do the same or face devaluation of the yen?
I’m more interested in the yen finally starting to recover from it’s steep decline than I am in the value of the stock market.