Hideo Hayakawa is a former Bank of Japan Executive Director and now a Senior Fellow at the Tokyo Foundation for Policy Research.
He spoke in an interview with Bloomberg, saying “I don’t think there’s a chance of a rate hike in July”:
The Bank of Japan is unlikely to raise interest rates this month Will instead cut its bond buying a little more than expected to avoid any fueling of yen weakness
Bloomberg is gated.
This article was written by Eamonn Sheridan at www.forexlive.com.
