[beiller]

No because USA's central bank is raising rates as well. Only when the policies differ do the currencies move. So Yen seems to have been falling for awhile since their central bank lagged USA. It would probably be a poor choice to dump USD for Yen IMO.

[reducesuffering]

That's old news. They last raised in July '23, 8 months ago, and the most recent FOMC (Fed) Summary of Economic Projections[0] has no one indicating any raise in the foreseeable future. Rate cuts are projected.

[0] https://www.federalreserve.gov/monetarypolicy/files/fomcproj...