A panel advised the BOJ to make its 2% inflation target a long-term objective. The group recommended that Japan’s bond market function be normalized. Kuroda reaffirmed the significance of continuing an ultra-loose monetary policy. Today’s USD/JPY price analysis is slightly bearish as pressure mounts on the BoJ to change its monetary policy. In light of … Continued
The post USD/JPY Price Analysis: Pressure on BoJ to Set Inflation at 2% appeared first on Forex Crunch.
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