Japanese yen weakness may force BOJ tightening sooner than expected


The Bank of Japan could be forced into hiking rates sooner than expected, if the Japanese yen weakens beyond 150 to the dollar. Higher rates could then unwind the yen carry trade and spark a return of Japanese capital to its domestic bond markets, a move that could trigger market volatility. The BOJ stands as an outlier as major central banks have hiked rates aggressively to…

This story from was posted on 2023-09-22 by @bloomer.


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