Japan Keidanren Chief Tokura: Rapid FX fluctuation not desirable for economy ...Middle East

Rapid FX fluctuation not desirable for economy.Want FX to stabilise as much as possible.

A rate hike is definitely off the table for the time being with the market pricing just 14 bps of tightening by year-end. The negative impact on the economy from tariffs uncertainty and the downward pressure on inflation from stronger yen and lower commodity prices will keep the BoJ on the sidelines.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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