All options on table in responding to rapid yen moves: Japan official – The Mainichi
https://mainichi.jp/english/articles/20220914/p2g/00m/0bu/022000c
All options on table in responding to rapid yen moves: Japan official – The Mainichi
https://mainichi.jp/english/articles/20220914/p2g/00m/0bu/022000c
7 comments
“All options, what are those options? I just told you, All options” 🤦♂️
…And those options are?
In the words of Amistad
“Give Us Free”
Open back up to 2019 levels
“The U.S. Federal Reserve and the Bank of Japan are scheduled to hold monetary policy meetings next week.”
So they can tell Japan what it already knows. US CPI is up. Food prices and rent up. The fed will continue to raise interest rates to combat it. The yen will continue to fall.
Japanese monetary tightening is shoving the whole Japanese economy between a rock and a hard place. You can only squeeze the lemon so much until there’s nothing left. If this is some middle ground, then it’s a terrible one. 145 is completely ludicrous already but here we are like it’s normal.
WE’VE TRIED NOTHING AND WE’RE ALL OUT OF IDEAS
Of course these are all strictly optional, you understand….
So basically it means the head honchos will have a premium nomikai in roppongi hills followed by soaplands party and find ideas to save face for the next press conference.