The Bank of Japan (BOJ) faces increasing pressure to tighten monetary policy as inflation quickens and the yen weakens. Pimco is buying the yen, betting on BOJ's policy change. Japan's advisory board for the finance ministry highlights the adverse impact of inflation and higher interest rates on the nation's finances. The nation's back-to-back wage bonanza and third quarter GDP indicate a stagflation-like environment, reinforcing the need for BOJ to act. BOJ Governor Kazuo Ueda acknowledges both positives and negatives of the weak yen's impact, suggesting a determination to maintain stimulus for now.
Japan’s advisory board for the finance ministry flags the need to pay more attention to the possible adverse impact of inflation and higher interest rates on the nation’s finances https://t.co/QH2wfZWrlW
Pimco is buying the yen, betting the BOJ will be pressured into tightening policy https://t.co/QDFRKQ8Iju
Japan’s advisory board for the finance ministry flags the need to pay more attention to the possible adverse impact of inflation and higher interest rates on the nation’s finances https://t.co/YNV7t3ifDM
Pimco is buying the yen, betting the BOJ will be pressured into tightening policy https://t.co/eKHXCDFjko
Pimco is buying the yen, betting the BOJ will be pressured into tightening policy https://t.co/ZrfAluLitU
Bank of Japan needs to walk away from ultra-loose monetary policy to support yen, Deutsche Bank says https://t.co/CcXOyauO3M
Japan’s CPI will round up the week and confirm that BOJ needs to tighten policy. Even if the number misses expectations, it still points to higher prices. After third quarter GDP came in negative, the BOJ is now dealing with a stagflation-like environment, putting both Japan… https://t.co/ibBscMZlt8
Pimco is buying the yen on a bet the Bank of Japan will be pressured into tightening monetary policy as inflation quickens https://t.co/5P6y45AOw4
Pimco is buying the yen on a bet the Bank of Japan will be pressured into tightening monetary policy as inflation quickens https://t.co/ZUJcXYg0LL
Pimco is buying the yen on a bet the Bank of Japan will be pressured into tightening monetary policy as inflation quickens https://t.co/RdoPpkwwZ1
Japan's back-to-back wage bonanza would open door for BOJ exit https://t.co/06KiU9Pls9 https://t.co/SWAvOrZPQ4
BOJ Governor Kazuo Ueda says that there are both positives and negatives to the weak yen’s impact, suggesting he’s determined to keep stimulus unchanged for now despite heightened concerns over the yen https://t.co/bC5WZCChi6