Speakers:
The yen has fallen to a 40-year low against the dollar even as the BoJ has adopted a more hawkish tone and interest rate differentials have moved in its favour. Many commentators are pinning this on looser fiscal policy and government efforts to undermine the independence of monetary policy, but the evidence is tenuous.
In this special online briefing, on Wednesday 29th July, our Japan and FX economists assess what is driving the yen's continued weakness and what it means for the outlook. During this concise session, the team will answer your questions and address key topics, including:
- What explains the continued weakening of the yen and the rise in bond yields;
- How higher import costs will influence the outlook for monetary policy;
- What could cause the yen to start strengthening again.
Start date:
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