Surveillance: BOJ Jolt with BNY Mellon's Yu
Publisher |
Bloomberg
Media Type |
audio
Categories Via RSS |
Business
Business News
News
Publication Date |
Jul 28, 2023
Episode Duration |
00:36:17

Geoff Yu, BNY Mellon Sr. Market Strategist, says "everything is on the table" for the BOJ after they announced a surprise loosening of yield curve controls. Jonathan Pingle, UBS Chief US Economist, says the US is still a long way from price stability. Jane Foley, Rabobank Head of FX Strategy, says the BOJ's surprise yield curve actions were to "take themselves away from being pushed into a corner by market conditions." Steve Chiavarone, Federated Hermes Head of Multi-Asset Solutions, sees core CPI at 3.9% this year. Jay Pelosky, TPW Advisory Principal & Founder, says "we're at the end of the rate hiking cycle in the west."

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