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Japan finance minister Suzuki says rapid yen moves are undesirable

Started by forex4you, Apr 28, 2022, 06:01 am

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Japan finance minister Suzuki says rapid yen moves are undesirable

Japan finance minister Suzuki says rapid yen moves are undesirableexpects the Bank of Japan to guide policy appropriatelySuzuki was questioned on BOJ monetary stimulus as a factor behind the yen weakness:currencies move on various factorsAs I, and a lot of people, have pointed out, policy divergence between the BOJ (super-loose monetary policy) and the Federal Reserve (embarking on a tightening path) is of course a factor behind yen weakness. This is macro 101. 

Source: Japan finance minister Suzuki says rapid yen moves are undesirable

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