“If you want to talk about stubbornness in central banks and central bankers, almost regardless of who’s been in charge of the Bank of Japan, they have stuck to policies that have not been friendly to the currency or to yields at that particular given time.” Bob Iaccino highlighting the accommodative policies of the Bank of Japan as the currency has reached 34-year lows. He also breaks down the oil complex as the Biden administration announces another release from Strategic Oil Reserves.
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