Yen’s plummet puts Bank of Japan in a bind

By |2022-07-19T16:28:50+00:00July 19th, 2022|Uncategorized|

Yen’s plummet puts Bank of Japan in a bind The Japanese yen (JPY) has plunged to its lowest level in decades against the U.S. dollar, as the Bank of Japan (BOJ) has kept its monetary policy ultra-loose even as other central banks begin to hike interest rates and dial back their asset purchase programs. The [...]