Weak yen pressures Bank of Japan rate decision menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
It's a big week for US data, with a Fed rate decision, jobs report, and key ISM surveys all due, which will all help shape expectation about the Fed's rate course for this year
Weak yen pressures Bank of Japan's interest rate decision businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
The weak yen is putting pressure on the Bank of Japan to tighten monetary policy, analysts say, although it is not expected to hike its main interest rate when
The Bank of Japan kept its ultra-low interest rates unchanged Friday and stopped short of signalling another hike, pushing the yen to a fresh 34-year low against the dollar.The BoJ has been a global outlier in sticking to an ultra-loose policy while other central banks pushed rates up as they fought against surging inflation causing a wide differential that saw investors push into other currencies.