US efforts to prop up the yen risk doing more harm than good

The US government is trying to support the value of the Japanese yen, but this effort might actually make things worse. This is because the US is essentially competing with Japan's central bank, the Bank of Japan, to raise interest rates and attract investors. If both countries are trying to do the same thing, it could lead to a situation where the US dollar becomes too expensive, causing problems for the US economy and global trade.

Read the source report: South China Morning Post