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Analysis-BOJ's Dovish Isolation Draws Public Heat Ahead of Leadership Change.

2022-06-01 | Japan: Economy

 

Analysis-BOJ's Dovish Isolation Draws Public Heat Ahead of Leadership Change.

A rapid decline in the yen and market distortions caused by current monetary settings have raised the political heat on the Bank of Japan as it becomes increasingly isolated in a world of hawkish-leaning central banks.

Opposition lawmakers are grilling the BOJ regularly for allowing the currency to weaken and push up living costs, putting Prime Minister Fumio Kishida in a hot spot ahead of an upper house election scheduled in July.

https://youtu.be/kY0i0J5racw



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