Economists expect the Bank of Japan to leave interest rates unchanged at negative 0.1%. Tweaks to the yield curve control policy would move the dial. However, forward guidance on the economic outlook, inflation, and interest rate goals would garner more investor interest.
Support for a post-March pivot from negative rates would drive buyer demand for the Japanese Yen. The…
This story from fxempire.com was posted on 2024-01-23 by @seabree.