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Japan spent $74 billion propping up the yen. Investors say the real battle is with the Fed

  • Posted on July 1, 2026
  • By CNBC
  • 0 Views
  • 1 min read
Japan spent $74 billion propping up the yen. Investors say the real battle is with the Fed
Japan spent $74 billion propping up the yen. Investors say the real battle is with the Fed

Yen intervention alone is unlikely to reverse losses while wide U.S.-Japan rate differentials keep supporting the dollar, said analysts.
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CNBC

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