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Japan's financial authorities are showing readiness for currency intervention and closely monitoring foreign exchange movements. The Bank of Japan is facing calls to avoid raising rates to combat a weak yen, with some advocating for steady rate hikes. Government officials are poised to take necessary measures regarding foreign exchange if required.
⚠️ GOVT PANEL MEMBERS URGE BOJ VIGILANCE ON WEAK YEN'S IMPACT ON DEMAND Full Story → https://t.co/Hu8BW6DlBQ Private-sector members of a key government panel on Friday urged the Bank of Japan to be vigilant to the risk of sharp declines in the yen currency triggering… https://t.co/dUGiKLvLUi
BOJ likely eyeing steady rate hikes, says ex-central bank executive Maeda https://t.co/jj91nddNVk https://t.co/373pMnKHyr
⚠️ BOJ LIKELY EYEING STEADY RATE HIKES, SAYS EX-CENTRAL BANK EXECUTIVE MAEDA Full Story → https://t.co/gKFYOxvGSA The Bank of Japan will likely raise interest rates again as early as July and keep hiking borrowing costs next year and beyond if the economy sustains a moderate…
