Does Yen Strength Risk Harming Japan's Recovery?
Bank of Japan Governor Haruhiko Kuroda warned that the yen’s biggest rally since Abenomics began risks harming the nation’s economic recovery. Speaking to reporters in Frankfurt Monday, Kuroda also reiterated that BOJ policy makers won’t hesitate to expand monetary stimulus in order to achieve their 2 percent inflation target. Canadian Imperial Bank of Commerce Head of FX Strategy discusses the outlook for the yen with Anna Edwards on "Countdown."
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