Japan intervened in the foreign exchange market for the first time since 1998 to shore up the battered yen, in the wake of the central bank’s decision to maintain ultra-low interest rates that have hammered the currency. Joe Lin, Director of Investments at multi-family office Golden Equator Wealth (GEW) shared his thoughts on this intervention, and how he believes it would fail to overpower the discrepancy in monetary policy between the U.S. and Japan.
