BOJ must patiently maintain powerful monetary easing, inflation likely to accelerate because of energy and fuel costs but slow down thereafter, wage increases are broadening reflecting a pick-up in the economy. Decline in the yen mostly driven by US rate hike outlook, pros and cons to a weak yen, BOJ can only do so much when exchange rate is driven by changes in US economy.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.