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Yen Under Double Pressure: High Energy Prices and a Tight Fed Complicate Matters

Reported · Written up by our desk · Major Pairs

The Bank of Japan acknowledges the possibility of another rate hike and may raise its inflation forecast for the next financial year because of persistently high energy prices. At the same time, the policy rate is likely to remain at 1.25% at the 30 October meeting, although a further increase in December cannot be ruled […] The post Yen Under Double Pressure: High Energy Prices and a Tight Fed Complicate Matters appeared first on ActionForex .

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