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    Home » Any Yen Intervention Is Merely Buying Time, BofA Says

    Any Yen Intervention Is Merely Buying Time, BofA Says

    webmasterBy webmasterApril 2, 2024 News 1 Min Read
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    Bank of America’s Thanos Vamvakidis discusses the outlook for the yen amid speculation that Japanese authorities will step in to halt its slide. "If they just buy some time with the intervention until the Fed starts to cut rates, it would be fine," Vamvakidis tells Bloomberg Television. "But if the Fed does not cut this year, there is nothing these interventions can do."

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