US Treasury’s Firepower for Yen Support May Be Limited, JPM Says
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The US Treasury has limited liquid resources to support further coordinated currency intervention alongside Japan, though its firepower could be expanded substantially if officials resort to more extraordinary measures, according to JPMorgan Chase & Co.
The US Treasury has limited liquid resources to support further coordinated currency intervention alongside Japan, though its firepower could be expanded substantially if officials resort to more extraordinary measures, according to JPMorgan Chase & Co.
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