财政政策转变
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机构:潜在的干预措施不太可能扭转日元的广泛贬值趋势 需进行财政和货币政策转变以帮助稳定日元
Sou Hu Cai Jing· 2025-11-24 04:42
Core Viewpoint - The potential intervention measures are unlikely to reverse the broad depreciation trend of the yen but may slow its decline [1] Group 1: Factors Influencing Yen Depreciation - Fiscal policy shifts, delayed monetary policy, and geopolitical uncertainties are contributing to the yen's weakness [1] - Recent comments from Japan's Finance Minister indicate concern over the rapid and unilateral depreciation of the yen [1] Group 2: Intervention Risks and Requirements - Analysts suggest that if the yen sharply weakens again, approaching the 158-160 yen range, the risk of intervention is real [1] - To reverse the trend of USD/JPY, decision-makers need to demonstrate fiscal discipline to restore credibility [1] - The Bank of Japan also needs to normalize its policies for effective intervention [1] - A weaker dollar could also assist in stabilizing the yen [1]