September 27, 2024 at 03:25PM
The yen is higher today after Ishiba beat out a dovish rival to win the top job at the LDP.
Says BOJ should decide monetary policy
Accommodative monetary policy won’t change
Will not make any requests to the BOJ on monetary policy
USD/JPY has ticked higher on these comments but only modestly
This article was written by Adam Button at www.forexlive.com.
Incoming Japan PM Ishiba: Japan will deploy fiscal stimulus if needed