BOJ policymakers rule out countering weak yen with rate hike
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Published date: April 18, 2025
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He has also pledged to compile another spending package to cushion the economic blow from the rising costs of living, a sign fiscal policy will play a major role in combatting fresh downside risks to the recovery.
The government, which holds jurisdiction over currency policy, spent 2.8 trillion yen ($19 billion) in dollar-selling, yen-buying intervention last month when authorities acted in the markets to prop up the yen for the first time since 1998.
Daly did not comment on the outlook for monetary policy or her views on the state of the economy in remarks prepared for delivery to the UCLA Anderson forecast webinar. Instead she focused her attention on the long-standing gaps in economic opportunity, wealth and well-being in the United States that have been brought into sharper focus during the pandemic.
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The government, which holds jurisdiction over currency policy, spent 2.8 trillion yen ($19 billion) in dollar-selling, yen-buying intervention last month when authorities acted in the markets to prop up the yen for the first time since 1998.
Daly did not comment on the outlook for monetary policy or her views on the state of the economy in remarks prepared for delivery to the UCLA Anderson forecast webinar. Instead she focused her attention on the long-standing gaps in economic opportunity, wealth and well-being in the United States that have been brought into sharper focus during the pandemic.
Then tap Settings and scroll down to Delete browsing data.
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