At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and conducting research and providing expertise on issues that impact the nation and communities we serve.
The Japanese yen depreciated 30 percent from its peak in the fourth quarter of 2011 against its trading partners.
Why do large movements in exchange rates have small effects on international goods prices?
Liberty Street Economics is available on the iPhone® and iPad® and can be customized by economic research topic or economist.
This ongoing Liberty Street Economics series analyzes disparities in economic and policy outcomes by race, gender, age, region, income, and other factors.
RSS Feed
Follow Liberty Street Economics