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To: Box-By-The-Riviera™ who wrote (341872)8/23/2007 11:07:34 PM
From: Real Man  Respond to of 436258
 
And didn't do anything, so Yen declines -g-

"A slowdown in the U.S. trend growth rate could weigh on the Japanese growth rate over the longer run, probably through fears of a softening of the U.S. dollar," Shirakawa wrote in a research note. "We believe that the interest rate normalization process in the country (Japan) will continue for some time, although the key policy rates are likely to end up at lower level than originally expected for the current forecasting period to the first quarter of 2009."