
Surveillance: Rate Stability with Allianz CEO
Bloomberg Surveillance
00:00
Is There a Red Line in the Sand?
We think that second intervention is going to come likely very soon, copy as early as today. So we see no reason for the efficacy to change in the Japanese case. And therefore, we do think that just as in the first case, dollar yen would come down once you see those signs of intervention. But then it would creep right back up as US rates go back up.
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