Former Bank of Japan Deputy Governor Hiroshi Nakaso says the U.S. dollar will remain the dominant global currency, but “cracks” are appearing in its supremacy.
These cracks are encouraging investors to diversify into other currencies.
Nakaso also expects the Bank of Japan to resume interest rate hikes once uncertainties from U.S. tariffs ease.
He warns that rising inflation risks in Japan require careful monitoring to avoid falling behind the curve.
Source link
