{"id":247160,"date":"2024-02-14T15:10:23","date_gmt":"2024-02-14T09:40:23","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=247160"},"modified":"2024-02-14T15:10:23","modified_gmt":"2024-02-14T09:40:23","slug":"it-is-the-boj-not-the-mof-that-holds-the-key-to-sustainable-jpy-stabilization-commerzbank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/it-is-the-boj-not-the-mof-that-holds-the-key-to-sustainable-jpy-stabilization-commerzbank-crypto-news\/","title":{"rendered":"It is the BoJ, not the MOF, that holds the key to sustainable JPY stabilization \u2013 Commerzbank – Crypto News"},"content":{"rendered":"

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The US Dollar<\/a> strength pushes the USD\/JPY<\/a> above 150.00. Economists at Commerzbank analyze the pair\u2019s outlook.<\/p>\n

Risk of intervention?<\/h2>\n
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If a real Yen recovery is desired, there would have to be a real change of direction in monetary policy. And I don’t mean a symbolic end to the symbolic negative-rate policy! But why should that happen as long as the BoJ is firmly convinced that inflation will fall back below the 2% target?<\/p>\n<\/blockquote>\n

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If the FX market really falls for a symbolic rate hike and interprets it as JPY positive or the start of a rate cycle, then that would be a better tool for strengthening the JPY than intervention. In short, it is the Bank of Japan, not the MOF, that holds the key to sustainable JPY stabilization.<\/p>\n<\/blockquote>\n

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Share: The US Dollar strength pushes the USD\/JPY above 150.00. Economists at Commerzbank analyze the pair\u2019s outlook. Risk of intervention? If a real Yen recovery is desired, there would have to be a real change of direction in monetary policy. And I don’t mean a symbolic end to the symbolic negative-rate policy! But why should […]<\/p>\n","protected":false},"author":2,"featured_media":15778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,367,248,251,246,257,255,1062,250,252,247,253,249,275,256,254],"class_list":["post-247160","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-boj","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-japan","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdjpy","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/247160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=247160"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/247160\/revisions"}],"predecessor-version":[{"id":247161,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/247160\/revisions\/247161"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/15778"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=247160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=247160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=247160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}