20-April-2024
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Economy News
 
A stronger yen is bad news for Japan's inflation target: Credit Suisse
20-Mar-2018

Japan's central bank wants the country's inflation rate to hit 2 percent by fiscal year 2019, but it is less likely to happen if the yen continues to strengthen, said Credit Suisse's chief economist for Japan. Hiro Shirakawa, speaking to CNBC at the bank's Asian Investment Conference in Hong Kong, said Japan's inflation rate is still "fairly sensitive" to currency exchange changes.

News Source:- https://www.cnbc.com/2018/03/20/japans-inflation-rate-may-not-be-2-percent-if-yen-strengthens-credit-suisse.html
 
 
 
 
 

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