Story perspectives

Yen Weakens as Japan's Economy Contracts; Fed Rate Cut Looms

11/17/2025

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Summary

Story summary

The Japanese Yen weakened against the US Dollar, nearing a nine-month low as Japan's economy contracted 0.4% in July–September quarter.
Prime Minister Sanae Takaichi (Japan) pushes fiscal stimulus while the Bank of Japan lowers rate-hike expectations.
Officials monitor currency movements due to import costs, signaling possible intervention.
Meanwhile, the USD faces uncertainty after a prolonged government shutdown, with nearly 50% odds of a Fed rate cut in early 2026.

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Story summary

The Japanese Yen weakened against the US Dollar, nearing a nine-month low as Japan's economy contracted 0.4% in July–September quarter.
Prime Minister Sanae Takaichi (Japan) pushes fiscal stimulus while the Bank of Japan lowers rate-hike expectations.
Officials monitor currency movements due to import costs, signaling possible intervention.
Meanwhile, the USD faces uncertainty after a prolonged government shutdown, with nearly 50% odds of a Fed rate cut in early 2026.