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Former BOJ policymaker says excessive dollar strength likely to be corrected

Former BOJ policymaker says excessive dollar strength likely to be corrected
  • US interest rates are declining, so don't expect yen to weaken much further
  • Widening of yield band is an extension of existing BOJ policy
  • Given Japan's economic fundamentals, difficult to envisage a fundamental change in monetary policy

The takeaway from her comments is that what the BOJ has done is fitting with their policy framework. Adding that even with a review of the central bank's p... Read More

Posted: Jan 11 2023, 05:29
Author Name: forexlive
Views: 110978

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