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Win Thin says no rate hikes now, which may weaken USD vs JPY; yen at four-decade low but no intervention signal.
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Win Thin, Chief Economist at Bank of Nassau, stated that circumstances do not call for rate hikes right now. He discussed the yen's descent to a four-decade low and the potential impact of Federal Reserve Chair Kevin Warsh's tone at the Sintra policymaker forum. Thin also shared his outlook on rates under the new Fed Chair.
Win Thin says no rate hikes now, which may weaken USD vs JPY; yen at four-decade low but no intervention signal.