{"id":11538,"date":"2023-09-23T01:18:00","date_gmt":"2023-09-22T16:18:00","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=11538"},"modified":"2023-09-22T19:19:32","modified_gmt":"2023-09-22T10:19:32","slug":"bloomberg-september-21","status":"publish","type":"post","link":"https:\/\/www.irken.jp\/gn\/?p=11538","title":{"rendered":"Bloomberg (September 21)"},"content":{"rendered":"<p>\u201cThe value of the yen has slumped to the lowest on record, as measured against a broad basket of its peers and adjusted for inflation,\u201d the Bank for International Settlements found based on data from 1970 onward. This serves to \u201cunderscore the pressure on the Bank of Japan to normalize its ultra-easy monetary regime, which continues to weigh down the nation\u2019s interest rates and weaken the currency. The drop in the so-called real effective exchange rate means Japanese have to pay more for imported goods and services at a time when wage growth is failing to compensate for inflation.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cThe value of the yen has slumped to the lowest on record, as measured against a broad basket of its peers and adjusted for inflation,\u201d the Bank for International Settlements found based on data from 1970 onward. This serves to \u201cunderscore the pressure on the Bank of Japan to normalize its ultra-easy monetary regime, which [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3640,1700,123,213,14540,1345,4,14538,3966,14541,113,10416,14539,3960,188],"class_list":["post-11538","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-bis","tag-boj","tag-currency","tag-imports","tag-inflation-adjusted","tag-interest-rates","tag-japan","tag-normalize","tag-pressure","tag-real-effective-exchange-rate","tag-record","tag-slumped","tag-ultra-easy","tag-wage-growth","tag-yen"],"_links":{"self":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/11538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11538"}],"version-history":[{"count":1,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/11538\/revisions"}],"predecessor-version":[{"id":11539,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/11538\/revisions\/11539"}],"wp:attachment":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}