For Japan To Beat Deflation, USD/JPY Would Need To Trade Around 115

Arguably, the single most important policy objective of Japan’s new administration is to end decades of deflation. The resulting change in inflation expectations is what is simultaneously driving the Yen weaker and Japanese equities higher. From this policy perspective, Goldman Sachs thinks that …

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For Japan To Beat Deflation, USD/JPY Would Need To Trade Around 115

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