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The Bank of Japan said it will end its corporate debt and commercial paper purchases in March 2022 and scale back pandemic emergency loans, while keeping short-term rates at -0.1%. Japan's wholesale inflation spiked to 9% in November, its highest in 41 years, due to rising commodity prices.
Yen-dollar policy divergence and imported commodity inflation can weaken the yen, raising the cost of imported feed grains and meal for Japanese buyers.
asiafinancial.comGeorge RussellDec 17, 2021Not 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.
