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US Dollar to Japanese Yen vs US Bank Lending Interest Rate
US Dollar to Japanese Yen and US Bank Lending Interest Rate correlate at r = +0.46 over 23 years (1999–2021), p = 0.028. With the time trend removed, r = +0.42. Holds up after detrending.
Verdict: Holds up after detrending. Statistically significant (p = 0.028) and the association survives trend removal (detrended r = 0.42). Correlation still isn't causation, but this one isn't an obvious artifact.
- Pearson r
- +0.46
- p-value
- 0.028
- Years compared (n)
- 23 (1999–2021)
- 95% confidence interval
- 0.06 to 0.73
- Correlation with the time trend removed
- +0.42
Sources
- US Dollar to Japanese Yen (JPY per USD): Frankfurter (ECB). Annual mean US Dollar to Japanese Yen exchange rate (European Central Bank reference rates).
- US Bank Lending Interest Rate (%): World Bank. US Bank Lending Interest Rate (World Bank indicator FR.INR.LEND).
Related pairs
- US Adult Obesity vs US Bank Lending Interest Rate (r = -0.85)
- US Forest Area vs US Bank Lending Interest Rate (r = -0.81)
- Atmospheric Methane (global) vs US Bank Lending Interest Rate (r = -0.80)
- US Bank Lending Interest Rate vs US Resident Patent Applications (r = -0.79)
- US Dollar to Japanese Yen vs US Youth Unemployment (r = -0.75)
- US Dollar to Japanese Yen vs US Unemployment Rate (r = -0.73)
Correlation does not imply causation. How the verdict is worked out.