Ultra-low interest rates | 28 December 2022

28 December 2022, USD/JPY

Ultra-low interest rates

USDJPY trading plan:

Bank of Japan policymakers saw the need to keep ultra-low interest rates but discussed growing prospects that higher wages could finally eradicate the risk of a return to deflation, a summary of opinions at their December meeting showed. Their increasing attention to mounting inflationary pressures could keep alive market expectations the BOJ will phase out dovish Governor Haruhiko Kuroda's massive stimulus when he steps down in April next year. Several in the nine-member board said the decision was aimed at making the current stimulus programme more sustainable by addressing its side-effects, rather than a step toward ending ultra-loose monetary policy, the summary showed.

Investment idea: range 133.35 - 134.25

David Johnson
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus