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Minutes from the Bank of Japan's April 27-28 meeting show some board members were concerned about excessive currency volatility, but most favored keeping the massive stimulus program. The BOJ has not moved to tweak ultra-low rates to stem the yen's slide.
With no policy shift, the BOJ's stance keeps the yen under pressure, which keeps dollar-priced feed imports costly for Japanese buyers.
japantimes.co.jpLeika KiharaJun 22, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
