Yen Slips as BOJ Hold Shows Caution Under Takaichi, Analysts Say
The Bank of Japan’s decision to leave policy unchanged reinforced expectations that monetary tightening will proceed cautiously under Prime Minister Sanae Takaichi, sending the yen lower and supporting government bonds.
By Matthew Burgess, Naomi Tajitsu, Momoka Yokoyama · Bloomberg Markets
The Bank of Japan’s decision to leave policy unchanged reinforced expectations that monetary tightening will proceed cautiously under Prime Minister Sanae Takaichi, sending the yen lower and supporting government bonds.