BOJ policy shift bad for the yen, good for banks: analysts
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.
TRENDING NOW
Early payout from Philippines’ Maharlika Investment Fund raises eyebrows over its true nature
How I knew I was ready to retire at 50
DBS crosses S$200 billion in market capitalisation as earnings optimism drives Singapore bank rally
Flight to safety: New citizens and PRs drive Singapore luxury home sales as broader market cools