USD/JPY Rebounds To 147.50 As BoJ Rate Hike Bets Wane, US Inflation Eyed
March 12, 2024 at 06:52 AM EDT
USD/JPY bounces back to 147.50 as BoJ rate hike bets ease. BoJ Ueda doubts Japan’s economic strength amid weak consumption. Fed policymakers would confirm that inflation will return to 2% before considering rate cuts.
