Is the direction of the wind changing again? Bank of Japan Meeting Minutes: The depreciation of the yen may lead to faster rate hikes!

On May 9, the Bank of Japan released a summary of the April monetary policy meeting. The summary shows that members of the committee are paying close attention to the impact of the weak yen on inflation. The rapid depreciation of the yen may cause the price of imported goods to rise, stimulate inflation, and lead to faster interest rate hikes. Earlier, at the monetary policy meeting held on April 26, the Bank of Japan decided to keep the current monetary policy unchanged and keep the policy interest rate target between 0 and 0.1%. Bank of Japan Governor Kazuo Ueda said at a press conference after the meeting that the weak yen has yet to have a significant impact on Japan's inflation. The statement led to an acceleration in the depreciation of the yen. But it's been almost two days since Kazuo Ueda

Securities Times17:12

Express News | Hedge funds buy options and bet that the yen will fall back to 1 dollar to 160 yen

Breakings16:37

The air army is once again assembled! Bet that yen will return to 160

The massive influx of hedge funds into options trading shorting yen highlights traders' doubts about the effects of the authorities' intervention.

Golden10 Data16:32

Reducing debt purchases, raising interest rates... the Japanese authorities are releasing a signal to “save the yen”! The market won't buy it: it will fall back to 160

The fluctuation in the yen exchange rate still seems unfinished.

Zhitong Finance15:35

BOJ's Board Turned Hawkish in April, Steady Rate Hikes Now in View

BANK of Japan board members turned overwhelmingly hawkish at their April policy meeting, with some seeing the chance of interest rates rising faster than anticipated, a summary of opinions at the meeting showed on Thursday (May 9).

Business Times15:15

When Japan's 10-year treasury bonds break through the critical 1%, domestic and foreign capital may enter the market!

If Japanese investors begin to withdraw from overseas markets, this could have a serious impact on bond markets such as the US, Europe, and Australia.

Golden10 Data15:12