4 articles tagged
Minutes from the Bank of Japan's July meeting show a consensus to raise interest rates further if economic growth and inflation meet official forecasts.
The Japanese Yen weakened past the 148 level against the U.S. Dollar after data showed Japan's manufacturing sector contracted at its fastest pace in six months.
Japan's Chief Cabinet Secretary Yoshimasa Hayashi has identified the weak yen and high oil prices as the primary causes of the nation's cost-push inflation.
The Japanese Yen strengthened significantly after the Bank of Japan held its interest rates, while the U.S. Dollar gained on strong economic data and a major tech investment.
