Bank of Japan needs to walk away from ultra-loose monetary policy to support yen, Deutsche Bank says
Publishing timestamp: 2023-11-20 01:31:27
Summary
Deutsche Bank strategist suggests that the Bank of Japan needs to move away from quantitative easing and negative rates to support the country's currency. The yen may reach a 33-year low against the dollar if it weakens further. The Bank of Japan has been cautious in unwinding its ultra-easy monetary policy.
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Tickers: 8301.T-JP, JPY=, .DXY,
Keywords: central banking, forex markets, currency markets, asia economy, dxy us dollar currency index, debt and bond markets, south asia, asia news, stock markets, east asia, usd/jpy, bank of japan, business news,