$USD/JPY (USDJPY.FX)$ Bank of Japan members are unlikely to ...
$USD/JPY (USDJPY.FX)$ Bank of Japan members are unlikely to intervene in the exchange rate on their own. There is no need to act when the Federal Reserve is expected to lower interest rates three times a year. Wouldn't it be better to wait and see when the USD/JPY moves? Experts may understand this discussion, but it's strange that I haven't heard about it on YouTube.
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赤い稲妻 : Decision-making on exchange intervention is not the Bank of Japan, but the Minister of Finance. However, today's remarks made me understand that Bank of Japan members are not interested in the current state of yen depreciation.
聖地 OP : I wonder if the Ministry of Finance will move depending on tomorrow's PCE data or not? It's not because it's 160 yen, it probably depends on the US inflation index forecast equal interest rates.