Photo taken in Tokyo on Oct. 3, 2023, shows a monitor screen displaying the Japanese yen trading in the 150 zone against the U.S. dollar. (Kyodo)

NEW YORK - The U.S. dollar briefly rose above the 150 yen line Tuesday in New York trading, reaching a level not seen since October 2022 amid expectations that the Federal Reserve will likely keep interest rates high for a prolonged period.