US rate-cut bias/Japan rate-hike bias!
Harris, a candidate for the U.S. presidency, announced an economic policy to support the middle class. It includes housing assistance andchildtax credits to strengthen the living support for the middle class. The content emphasizes the differences from Trump's proposed income tax and corporate tax cuts, but there is no change in government fiscal spending. It explains how the differences in fiscal stance between the U.S. and Japan affect monetary policy and forecasts the future USD/JPY exchange rate.
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