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JPY Rises As BoJ Adjusts Its QQE Program

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Dec 18, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Janet Yellen took weight off of the RBNZ's back by increasing the federal fund rate last Wednesday. Indeed, the move will prevent Governor Wheeler to lower the official cash rate further. As a reminder, the OCR was trimmed four times over the past eight months (from 3.50% to 2.50% on[​IMG]

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