The U.S. isn’t usually thrilled when a country intervenes in its own currency. But boosting the yen is likely to help Japan’s economy, which could help the U.S. in turn.
The two biggest foreign holders of U.S. debt have their own complicated reasons for buying fewer Treasurys.
How some other big economies are handling rising prices.
As many central banks raise interest rates, the Bank of Japan is keeping them low to prop up the economy. That leads to a depreciated currency.
Japan had struggled to even reach the central bank inflation target of 2%.
While some major central banks tighten monetary policy to fight inflation, the Bank of Japan is taking a very different approach.
Between a recording-breaking animated movie and growing popularity around the world, the anime industry saw plenty of wins in 2020.
Author Matt Alt describes how Japan's pop culture, and its superfans, shaped sensibilities the world over.
As streaming platforms compete for the attention of young viewers, many are investing in Japanese animation.
Both sides are motivated to get a deal done.