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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (2171)3/16/2004 7:44:18 AM
From: Wyätt Gwyön  Read Replies (1) of 116555
 
Yen rallies on hints that intervention will abate

The story also raised suggestions of an internal rift between the central bank and the Ministry of Finance, which runs the intervention policy, leading some analysts to conclude that some in the BoJ will want to re-assert their independence by revisiting Japan's zero interest rate policy.

news.ft.com

that is hilarious. the BOJ are decidedly NOT independent from the MOF.
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