Dollar strength has become a monetary policy headache for Japan and other Asian economies.
© Reuters
JUNTARO ARAI, KOSUKE TAKAMI and YUMIKO OSHIMA, Nikkei staff writers |
WASHINGTON/TOKYO — A yen sell-off and its effect on inflation loom large over the Bank of Japan less than a week before its first policy board meeting since ending its negative interest rates in March.
The central bank has signaled that it will weigh the impact of its first rate hike in 17 years and wage trends before making further policy changes.
