Sep 17th, 2024
Japanese Yen to Benefit From Fed Rate Cuts, Lombard Odier Says
Homin Lee, senior macro strategist at Lombard Odier, says he expects the Federal Reserve to announce a 50 basis point cut this week. According to Lee, the "start of a pretty meaningful easing cycle in the US" would benefit the Japanese yen as the interest rate gap between the two markets narrows. He speaks on Bloomberg Television.
