USD/JPY: Fed's tapering to alleviate the risk of yen appreciation – Natixis - NewsBreak

On the back of a fast-economic recovery and rising inflation in the US, Fed Chair Powell formally announced that the Federal Reserve would start tapering this year at the recent Jackson Hole Central Bank gathering. Who can benefit the most from the Fed's tapering? In the opinion of Alicia Garcia Herrero, Chief Economist Asia Pacific at Natixis, the Bank of Japan.