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BOJ Undeserving Scapegoat For Market Madness

12 mins·07:00, 8 Aug 2024
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BOJ Undeserving Scapegoat For Market Madness

12 mins
·
07:00, 8 Aug 2024
·

Guest: Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank

The Yen snapped a 5-day rally on Tuesday, and continued to trend lower yesterday after Bank of Japan Deputy Gov Shinishi Uchida’s remarks that the BOJ will not raise interest rates when markets are unstable. Does this mean that rate hikes are now off the table for this year?

Image Credit: shutterstock.com

Presenter: Shazana Mokhtar, Wong Shou Ning, Keith Kam

Producer: Shazana Mokhtar

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