Asia’s Forex Markets Caught in Tug-of-War: Fed Easing vs. Japan’s Policy Shift

Asian currencies find themselves caught between a rock and a hard place, as the potential for Federal Reserve rate cuts clashes with expectations of tighter Bank of Japan policy. The latest Tokyo CPI data has thrown into sharp relief this complex dynamic, offering a glimpse into the future direction of global monetary policy and how it might impact the region’s economic outlook.