BlackRock's Rieder Links Yen Rebound to BOJ Hawkishness

BlackRock's Rick Rieder stated that a rebound in the Japanese Yen is contingent on the Bank of Japan adopting a more hawkish monetary policy stance. He urged the BOJ to tilt towards hawkishness to boost the currency.

13 Aug, 18:31 — 13 Aug, 18:31

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bloombergHigh10d ago

BlackRock’s Rieder Says Yen Rebound Hinges on BOJ Hawkishness

Supporting the yen will take more than government intervention and will need hawkish signals from the Bank of Japan, said Rick Rieder, chief investment officer for global fixed income at BlackRock Inc.

By Cameron Fozi

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BlackRock's Rieder Links Yen Rebound to BOJ Hawkishness

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BlackRock’s Rieder Says Yen Rebound Hinges on BOJ Hawkishness

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