Japanese PM Takaichi rejects criticism over weak yen and high interest rates
FROM THE WIRE · CNBC.COM
The prime minister denied that her policies were responsible for the yen’s weakness or rising JGB yields.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe government denies responsibility for yen weakness and rising JGB yields, both relevant for FX and bonds.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The prime minister denied that her policies caused the yen's weakness.
- 02She also denied that her policies were responsible for rising JGB yields.
- 03The issue remains central for Japanese currency and government bond markets.