Japan’s coordinated yen-buying intervention with the U.S. and South Korea has heightened expectations of faster Bank of Japan rate hikes. Markets now price a 76% chance of a September hike, up sharply from 24%. With the yen weakening after initial gains, policymakers face pressure to tighten policy and reinforce currency stability.
Japan’s coordinated yen-buying intervention with the U.S. and South Korea has heightened expectations of faster Bank of Japan rate hikes. Markets now price a 76% chance of a September hike, up sharply from 24%. With the yen weakening after initial gains, policymakers face pressure to tighten policy and reinforce currency stability.
<iframe src="https://hindustansphere.com/embed/cluster/5b5de290ff6c551e9cc3db9a603ae4caa58895b4" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Global Market: Japan’s yen intervention puts BOJ in spotlight over rate hike path"></iframe>
