• 11/29/2024

Yen Hits 34-Year Low as Hopes for BOJ Rate Increases Fade

Wall Street Journal

The yen was partly undermined by comments from board member Naoki Tamura that the central bank would cautiously unwind its easy monetary policy as a virtuous cycle of rising wages and prices is expected to continue.

https://www.wsj.com/articles/yen-hits-34-year-low-as-hopes-for-boj-rate-increases-fade-f27d9716