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USD/JPY Forecast: Okina Calls to Phase Out Ultra-loose Policy

Started by forex4you, Nov 15, 2022, 05:35 am

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Nov 15, 2022, 05:35 am
USD/JPY Forecast: Okina Calls to Phase Out Ultra-loose Policy

The BoJ is under criticism for prolonging its ultra-loose policy. BoJ policy is severely hurting commercial bank margins. Annual core consumer inflation exceeded the BOJ’s objective of 2% for the sixth consecutive month in September. Today’s USD/JPY forecast is bearish. Yuri Okina, a member of a significant government panel and potential future BOJ executive, stated … Continued


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