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Vince Lanci: Janet Yellen Not Happy With 'Yen-tervention'

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First published at 21:27 UTC on May 7th, 2024.

Arcadia Economics

ArcadiaEconomics

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#VinceLanci: #JanetYellen Not Happy With 'Yen-tervention'

While the Federal Reserve continues to…

To get a 30% discount to the 'premium' level of Vince's Goldfix newsletter go to:
https://vblgoldfix.substack.com/Arcadia30off

#VinceLanci: #JanetYellen Not Happy With 'Yen-tervention'

While the Federal Reserve continues to grapple with its interest rate conundrum as inflation remains elevated in the US, Japan has been experiencing its own issues. Where the Yen has been sinking, which has required the Bank of Japan to conduct several interventions over the past week.

In new comments, Janet Yellen has expressed that she was not entirely thrilled with the action by the Bank of Japan, and this morning Vince looks at what happened, and the precarious situation that all of these central banks find themselves in.

He also goes through the latest news and trading levels. So to get ready for the start of your trading week, click to watch the video now!

With the gold price pulling back, take advantage of Miles Franklin's Australian Gold Kangaroos sale at only $59 over spot by contacting us at:
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