Bank of Japan

The BOJ is expected to keep interest rates steady

The US said there was “substantial yen undervaluation”

Demand driven by AI boom helps offset Iran war-related disruptions

Dissenters heaped concern over the former central bank chief’s proposal to charge a 0.1% interest on a portion of financial institutions’ deposits

It’s due to release its quarterly report, including fresh growth and price forecasts, this month

In its quarterly report on the country’s regional economies, the central bank maintains its assessment for all nine areas

The revised draft, however, retains a passage urging the central bank to align its policy decisions with the government’s economic agenda

Leveraged traders boosted wagers on further losses in the currency to nearly 138,000 contracts as at Jun 30

The lender’s revised forecast is among the most bearish of those surveyed by Bloomberg