Ex-BoJ’s Shirai: Don't expect Yen to weaken much further

Former Bank of Japan (BoJ) board member Sayuri Shirai said on Wednesday, “US interest rates are declining so don't expect the Yen to weaken much further.”

Further comments

“Excessive strength in dollar likely to be corrected.”

“Households and companies' inflation expectations are extremely high but market forecasts are below 2%, not much change in inflation trend.”

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