Yen's Hot Date with Inflation Makes BOJ Break its Zero-Interest Habits
Key Points
- Japan's central bank may end its zero interest rate policy a...
Breaking news: Japan's central bank is finally ready to admit its 'zero is my hero' phase might be over! Who knew all it took was a spicy 4.2% inflation reading to make the BOJ consider getting off the zero-rate couch?
Yen Flexes Its Muscles While Dollar Takes a Breather
The Japanese yen has strutted its way to 148.93 against the dollar, capitalizing on America's less-than-stellar economic performance. U.S. data looking as underwhelming as a plain rice ball has sparked chatter about potential Fed rate cuts, giving the yen its moment to shine.
From Zero to Hero: BOJ's Plot Thickens
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