The Federal Reserve raised interest rates for the first time in 3 years and 2 months, while the Bank of Japan also decided to raise rates at the shortest interval since the process of normalising monetary policy began. With both Japan and the United States in a rate-hike phase, views have emerged that the risk of yen depreciation remains.
The Federal Reserve (FRB) raised interest rates for the first time in 3 years and 2 months.
The Bank of Japan also decided to raise rates at the shortest interval since the process of normalising monetary policy began.
This move has prompted views that the risk of yen depreciation remains.