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Yen's Slide Toward 160 Level Could Trigger Action, Says Senior Ruling Party Official

Yen's Slide Toward 160 Level Could Trigger Action, Says Senior Ruling Party Official
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

United-states , South-korea , Japan , Tokyo , South-korean , Japanese , Makiko-yamazaki , Kentaro-sugiyama , Shunichi-suzuki , Shri-navaratnam , Takao-ochi , Reuters

Yen's slide toward 160 level could trigger action, says senior ruling party official

Yen's slide toward 160 level could trigger action, says senior ruling party official
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Japan , United-states , Tokyo , South-korea , South-korean , Japanese , Makiko-yamazaki , Kentaro-sugiyama , Takao-ochi , Shri-navaratnam , Shunichi-suzuki , Reuters

Japan may intervene to support yen any time, says senior ruling party official

Japanese authorities could
intervene in the currency market any time as recent yen declines
are excessive and out of line with fundamentals, ruling party
executive Satsuki Katayama told Reuters.
...
-April 23, 2024 at 02:10 am EDT
- MarketScreener

Tokyo , Japan , Washington , United-states , Japanese , Satsuki-katayama , Kentaro-sugiyama , Shri-navaratnam , Democratic-party , Reuters , Liberal-democratic-party , Leika-kihara-editing-shri-navaratnam

Japan May Intervene to Support Yen Any Time, Says Senior Ruling Party Official

Japan May Intervene to Support Yen Any Time, Says Senior Ruling Party Official
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Japan , Washington , United-states , Tokyo , Japanese , Leika-kihara , Satsuki-katayama , Kentaro-sugiyama , Shri-navaratnam , National-printing-bureau , Democratic-party , Reuters

Weak yen may actually deter Bank of Japan from hiking rates soon

The yen's fresh slide to a
34-year low complicates the Bank of Japan's deliberations on the
timing of a next interest rate hike, as a resulting rise in
import costs pushes up inflation but also hurts...

Japan , Tokyo , Fumio-kishida , Kentaro-sugiyama , Kazuo-ueda , Takaya-yamaguchi , Naoki-tamura , Yoshifumi-takemoto , Leika-kihara , Nobuyasu-atago , Sam-holmes , Rakuten-securities-economic-research-institute

Analysis-Weak Yen May Actually Deter Bank of Japan From Hiking Rates Soon

Analysis-Weak Yen May Actually Deter Bank of Japan From Hiking Rates Soon
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Tokyo , Japan , Japanese , Kentaro-sugiyama , Kazuo-ueda , Fumio-kishida , Yoshifumi-takemoto , Sam-holmes , Nobuyasu-atago , Leika-kihara , Takaya-yamaguchi , Naoki-tamura

Analysis-Weak yen may actually deter Bank of Japan from hiking rates soon

The yen's fresh slide to a 34-year low complicates the Bank of Japan's deliberations on the timing of a next interest rate hike, as a resulting rise in import costs pushes up inflation but also hurts already weak consumption and the broader economy. If that weakness persists and discourages small firms from hiking pay, the central bank may prefer to wait at least until autumn before hiking, say five government officials and sources familiar with its thinking. The BOJ is seen raising this year's price forecast at the next meeting on April 26 and project inflation to stay near its 2% target through 2026, said two of the sources, underscoring its readiness to jack up rates from zero later this year.

Japan , Tokyo , Yoshifumi-takemoto , Kazuo-ueda , Kentaro-sugiyama , Fumio-kishida , Nobuyasu-atago , Naoki-tamura , Sam-holmes , Takaya-yamaguchi , Leika-kihara , Reuters

Japanese firms agreed on 5.24% wage hike, biggest union group says

The third announcement on the outcome of annual pay negotiations compared with the second survey of 5.25% and initial outcome of 5.28% last month.

Tokyo , Japan , Japanese , Peter-graff , Kentaro-sugiyama , Fumio-kishida , Kazuo-ueda , Satoshi-sugiyama , Minister-fumio-kishida , Japan-governor-kazuo-ueda ,

Japanese Firms Agreed on 5.24% Wage Hike, Biggest Union Group Says

Japanese Firms Agreed on 5.24% Wage Hike, Biggest Union Group Says
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Tokyo , Japan , Japanese , Fumio-kishida , Satoshi-sugiyama , Kazuo-ueda , Kentaro-sugiyama , Kim-kyung-hoon , Peter-graff , Reuters , Japan-january , Minister-fumio-kishida