[ad_1] Further tentative comments from the Japanese Finance Minister. I posted earlier on what to listen for when intervention talk ramps up, in the links at this post: Alarms, and phones, going off in BoJ bedrooms with USD/JPY above 150 Suzuki is not ramping up the verbal intervention. USD/JPY update: This article was written by
[ad_1] WSJ Fedwatcher Nick TImiraos is highlighting the improvements in inflation in the US and offered up this chart. Zooming out further, core goods inflation is up just 0.5% y/y while housing rose 7.4% but the latter is a major laggard and will fade rapidly in the coming months (and perhaps further if mortgage rates
[ad_1] Japan’s Finance Ministry’s Vice Finance Minister for International Affairs Kanda. He is the guy who will instruct the BOJ to intervene, when he judges it necessary. Often referred to as Japan’s ‘top currency diplomat’. Making some verbal intervention remarks: Dealing appropriately with FX moves Closely communicating with us, overseas FX authorities Closely watching FX
[ad_1] European Central Bank President Lagarde spoke in an interview with French media outlet Le Figaro published on Sunday. In brief: “I hear some people say that the final rate hike will take place in September. There could be a further hike of the policy rate or perhaps a pause.” “Inflation is undoubtedly falling” “The
