CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:36:00
When the fed hiked interest rates as expected by 3/4 of a percentage point for the third time this year and also signaled more rate hikes to come. all part of a plan to fight inflation there in the united states. here in asia all eyes were also on another central bank, the bank of japan. despite this global trend, this rush to hike interest rates, the bank of japan is maintaining ultra low rates and that policy gap that we have between the boj and the fed is actually pushed the yen to a 24-year low. the japanese currency very weak at the moment. back to you. >> kristie lu stout, thank you so m...