Goldman Sachs: Pay attention to the stance on interest rate hikes and views on the yen by Haruhiko Kuroda, Governor of the Bank of Japan
After the Bank of Japan's widely expected decision to keep interest rates unchanged, investors are now waiting for a press conference later today by Bank of Japan Governor Haruhiko Kuroda to see if his stance on further rate hikes has changed. Goldman Sachs analysts said in a research report: "As the Federal Reserve shifts towards easing monetary policy, some market participants are eager to see if this stance will change at all." They added that Kuroda's views on the recent appreciation of the yen and its impact on the economy and prices are also worth noting.
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