Mohamed A. El-Erian(@elerianm):Good morning The signaling accompanying the Bank of Japan's rate hike sent the Yen weaker: In a widely expected move, Japan’s central bank raised interest rates by 25 basis points to their highest level since 1995. Yet, as the signaling regarding future hikes disappointed markets, the Yen depreciated more than 1%, continuing to unwind gains sparked by (actual and anticipated) FX intervention. (CNBC chart below). #economy #markets j #japan #boj #centralbanks

Mohamed A. El-Erian

@elerianm

Rene M Kern Prof of Prac at Wharton. Allianz Advisor. Gramercy Chair. Chair of UnderArmour Board. Former Pimco CEO/co-CIO and President of Queens' Col Cambridge

Joined July 2011

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Mohamed A. El-Erian@elerianm

2026.09.18 10:45

Good morning The signaling accompanying the Bank of Japan's rate hike sent the Yen weaker: In a widely expected move, Japan’s central bank raised interest rates by 25 basis points to their highest level since 1995. Yet, as the signaling regarding future hikes disappointed markets, the Yen depreciated more than 1%, continuing to unwind gains sparked by (actual and anticipated) FX intervention. (CNBC chart below). #economy# #markets# j #japan# #boj# #centralbanks#