# VIEW Yen slides with JGB yields after BOJ cuts growth forecasts | Reuters

> The Bank of Japan cut its growth forecasts and kept the phrasing on the inflation target timeline unchanged, implying the target is effectively pushed back. The yen weakened as traders read the statement as delaying rate hikes.

- Date: 2025-05-01 · published 2025-05-01T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/24910-view-yen-slides-with-jgb-yields-after-boj-cuts-growth-forecasts-reuters
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A weaker yen against the dollar raises the cost of dollar-priced grain and oilseed imports for Japan and can weigh on Japanese feed demand; the currency move is a macro driver rather than a direct grain driver.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/business/view-yen-slides-with-jgb-yields-after-boj-cuts-growth-forecasts-2025-05-01/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.