Suzuki in Japan: Further Weakening of the Yen Headwinds as Inflation a Problem

  • A further sharp weakening of the yen is unfavorable in the current situation, when inflation is a problem

Is the narrative starting to change? There was already a subtle hint from the BOJ on Friday here and Suzuki plays the same tune again with the above remark. I’ve already explained that all it takes is a BOJ pivot to really turn things around for the yen and maybe Japanese officials are starting to buy into that idea as well (out of desperation).


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