The only thing falling faster than the yen: odds that the Bank of Japan will hike interest rates this week. In a series of press leaks, BOJ officials have made it clear they see little urgency to tighten on Thursday, when the central bank concludes a two-day policy meeting. One big reason is Donald Trump. […]
Why ‘Trump trade’ may cow BOJ into inaction
Team Ueda needs to get a read on the huge risk factor of Trump’s coming trade war with China and, perhaps Japan
