Japanese Yen Forecast: Will Rising Inflation Pressure BoJ to Shift Rate Path?
On Friday, September 20, inflation figures for Japan will impact buyer demand for the USD/JPY pair. Economists forecast the annual inflation rate to edge up from 2.8% in July to 3.0% in August. A higher-than-expected inflation rate could fuel speculation about a possible Q4 2024 BoJ rate hike.