The U.S. Treasury Department’s decision to intervene to support Japan’s currency last week may seem bizarre: Why would American policymakers care what happens to another country’s money?
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Why did the U.S. buy Japanese yen?
This version of Treasury Japan Yen Interest Rates Inflation Rcna590617 - Business and Economy | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.
Hint: It involves inflation and the interest rates that are paid by consumers and businesses.
