Why the BOJ Won’t Intervene in Yen’s Spiral | Presented by CME Group

Japan’s yen continues to ship misery alerts, however the probabilities of the Financial institution of Japan coming to the rescue with a decisive fee hike are, at finest, even. Requested on Nov. 17 about the potential of a coverage transfer on the Financial institution’s December assembly, Governor Kazuo Ueda pointedly averted a definitive reply. Right here’s why the BOJ isn’t more likely to intervene within the yen’s spiral anytime quickly. Offered by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight