US EditionBOJ Is Said to See Little Impact From Election on Rate Stance
4 Articles
4 Articles
BOJ Is Said to See Little Impact From Election on Rate Stance
Bank of Japan officials see little need to shift their policy stance of gradually raising interest rates in the wake of Prime Minister Shigeru Ishiba’s latest election setback, according to people familiar with the matter.
TOKYO.— Japan’s election result could put the Bank of Japan (BOJ) at a crossroads: prospects for higher fiscal spending could keep inflation high, while a possible prolonged political paralysis and global trade war would provide compelling reasons to move forward cautiously in future rate hikes. Persistent political uncertainty could also weaken the yen and fuel imports, adding inflationary pressure that clashes with the current position of the …
The Ghost of the Yen Returns: How Japan's Election Threatens to Send Dominoes Through Global Markets
A year after last year's Japanese yen shock, markets are once again facing the risk of a new storm. The reason this time? The elections in Japan... The ghost of the yen returns: How the elections in Japan threaten global markets with a domino effect - ΙΝΑΤΕΜΟΠΟΡΙΚΙ
Japanese Yen Struggles as Election Results Dampen BoJ Rate
The Japanese Yen (JPY) opened the week with fresh selling pressure, giving up early gains despite a bullish gap in Monday’s Asian session. The currency remains weighed down by domestic political uncertainty following Sunday’s upper house election, which dealt a significant setback to the ruling coalition. The loss raised fears of fiscal slippage, with opposition […] The post Japanese Yen Struggles as Election Results Dampen BoJ Rate Hike Outlook…
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