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Roubini Says Yen Above 140 Is Trigger for BOJ Policy Change

  • Yen will continue to decline, pressuring the BOJ: Roubini
  • Says FX intervention not enough without BOJ policy tweak
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WATCH: Roubini discusses the US economy, Fed policy, and the implications for financial markets. He also talks about the BOJ and the yen.Source: Bloomberg

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A further 10% decline in the yen would be enough to trigger a change in policy by the Bank of Japan, according to Nouriel Roubini.