SUBSCRIBERS
BOJ policy shift bad for the yen, good for banks: analysts
Published Thu, Sep 22, 2016 · 09:50 PM
Tokyo
A CONSENSUS emerged among analysts on Thursday that the Bank of Japan (BOJ) is close to the limits of its aggressive monetary easing, and that the yen could, for some time, rise as a result.
This shared view came in the wake of the decision by the BOJ on Wednesday to change policy tack, and the move by the US Federal Reserve to delay further increases in interest rates.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month
Chinese firms are investing abroad at fastest pace in eight years
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data