IMF says the yen stays a protected haven forex – Japan financial system robust, steady, predictable

Reuters on feedback from a senior Worldwide Financial Fund (IMF) official:

• Financial institution of Japan prone to push again timing of additional charge hikes if IMF’s reference situation materializes

• Japan’s inflation prone to converge to BOJ’s goal someday in 2027 reasonably than in 2026, as initially anticipated

• Stability of dangers is to the draw back for Japan’s financial development, inflation

• Yen stays safe-haven forex given energy, predictability and stability of Japan’s financial system

• IMF helps Japan’s dedication to versatile overseas change regime, which helps soak up shocks

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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