ICYMI: Japan PM Kishida says its appropriate for the BOJ to maintain easy monetary policy ...Middle East

Japan's Prime Minister Fumio Kishida spoke at a press conference on Thursday in Tokyo.In it he addressed the change in monetary policy from the Bank of Japan and reiterated that its appropriate for the Bank to maintain accommodative monetary conditions. This, of course, leaves open the question of the yen. In a world of still high rates, and a Federal Reserve where the upcoming rate cut seems to be just a few months away, every month, the yen (and CHF) are going to remain as carry currencies and will thus remain under pressure. Perhaps the answer to the 'what to do about the yen' came from further comments from PM Kishida:government will continue to coordinate closely with the Bank of Japan

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ICYMI: Japan PM Kishida says its appropriate for the BOJ to maintain easy monetary policy ...Middle East

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