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USD/JPY Weekly Forecast: The Fed’s next step is balance sheet reduction

FXStreet.com
 2022-01-21

Cover picture for the articleUSD/JPY weakens to one-month low ahead of Fed meeting. BOJ keeps overnight call rate static at -0.1%, raises inflation forecast slightly. No change in rates or taper expected from FOMC on Thursday. Credit market is wary that Fed balance sheet reduction could begin in March. FXStreet Forecast Poll predicts...

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