Connect with us

    Hi, what are you looking for?


    Mr. Yen Predicts BOJ Might Start Tightening Policy in January

    As early as next month, there is a possibility that the Bank of Japan could once again surprise the financial markets by implementing a tightening of its monetary policy, as stated by Eisuke Sakakibara. Previously recognized as “Mr. Yen” due to his capability to impact the currency during his time as Japan’s former vice finance minister from 1997 to 1999, Sakakibara shares exclusively with Bloomberg’s Kathleen Hays his projection that the yen could strengthen to 120 per dollar as a result of the BOJ moving away from its extremely accommodative measures. The unexpected action of the Japanese Central Bank raising its limit on 10-year bond yields to 0.5% from 0.25% took place on Tuesday.

    Stay updated with Bloomberg for comprehensive business news, real-time market data, articles, individual profiles, and much more.

    • Follow us on Twitter
    • Like us on Facebook
    • Follow us on Instagram

    Credit: YouTube/Bloomberg Television

    You May Also Like


    Previously, in April, the CEO of Tesla and SpaceX, Elon Musk, caused quite a stir by revealing his intentions to procure the entire social...


    Concerns about rising prices are impacting the entire economy of the United States, and one sector that is particularly affected is the real estate...


    With rising expenses in fuel and power worldwide, particularly in the United States, the quest for sustainable energy sources has intensified. A significant historical...


    Kellogg, a major supplier of packaged foods in the United States and globally, has maintained overall centralized control of all its owned labels during...