Japan opposition party chief: BoJ should not raise interest rates for at least half a year

BoJ should not raise interest rates for at least half a year.Necessary to eventually normalise monetary policy.Monetary policy should not be used to manipulate currency rates.Effects of currency interventions only have short-term effects.These are just token remarks and they are not important for the market even though he's right on everything. This article was written by Giuseppe Dellamotta at www.forexlive.com.

Nov 1, 2024 - 15:45
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Japan opposition party chief: BoJ should not raise interest rates for at least half a year
  • BoJ should not raise interest rates for at least half a year.
  • Necessary to eventually normalise monetary policy.
  • Monetary policy should not be used to manipulate currency rates.
  • Effects of currency interventions only have short-term effects.

These are just token remarks and they are not important for the market even though he's right on everything.

This article was written by Giuseppe Dellamotta at www.forexlive.com.
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