I had the privilege of being interviewed by Anthony Crudele, who is trader at the CME, for the Futures Radio Show.
There was much to discuss. The FOMC met yesterday. The market, judging from the Fed funds futures see little chance of a June hike. Economists think otherwise.
The Bank of Japan surprised many by not changing policy earlier today. The yen rallied. It seems counter-intuitive. The yen rallied when the BOJ surprised at the end of January when it the rate on some deposits below zero. It appreciated today when the BOJ stood pat. I suggest some of the reasons why it matters to US investors what happens in Japan.
The podcast runs almost half an hour. Hopefully, you'll find it interesting and engaging. I thought it was fun. Here are several places you can access the interview. Special thanks to Andrew. I hope we can do it again.
Website:
Soundcloud:
google play:
Tags: Bank of Japan,Federal Reserve,Japanese yen,newslettersent