{
  "id": 7873559,
  "title": "The Japanese Yen gives back more of its rally as the Fed raises rates",
  "url": "https://urgent.news/2026/09/16/the-japanese-yen-gives-back-more-of-its-rally-as-the-fed-raises-rates",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T21:18:26.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/the-japanese-yen-gives-back-more-of-its-rally-as-the-fed-raises-rates-202609162118"
  },
  "original_language": "en",
  "account": "The Japanese Yen has experienced a partial retreat from its rally following the Federal Reserve's interest rate hike. USD/JPY has been climbing for three consecutive days, with Wednesday's gain being the most significant. The currency is now trading just under 156.50, indicating a halfway point between its September low near 153.00 and the start of the month at 160.00. Japan's policy rate is now 1.25%, the highest since 1995, following an expected increase at 1.48% by December and 1.85% by mid-2027. In contrast, the Fed is projected to reach 4.1% by year-end, with no cuts anticipated before then. The widening gap between the two central banks has contributed to the Yen's decline, meaning a rally of about 4% in the first half of September has been largely undone. The Bank of Japan's policy decision remains crucial for the Yen's value, as it directly influences the currency through its monetary policy stance.",
  "summary": "The Bank of Japan meets on Friday, and the market has a quarter-point hike to 1.25% priced at 100%. The Yen has been falling anyway. USD/JPY is up three sessions in a row, Wednesday's gain was the biggest of the three, and the pair is trading just under 156.50 after the Fed's hike to 3.75-4.00%.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "CNBC",
        "title": "Fed raises rates: What it means for your credit cards, mortgages, savings accounts and auto loans",
        "url": "https://urgent.news/2026/09/16/fed-raises-rates-what-it-means-for-your-credit-cards-mortgages",
        "published": "2026-09-16T19:17:38.000Z"
      },
      {
        "outlet": "The Sydney Morning Herald",
        "title": "ASX set to slump, Wall Street falls as Warsh speaks after Fed raises rates",
        "url": "https://urgent.news/2026/09/16/asx-set-to-slump-wall-street-falls-as-warsh-speaks-after-fed-raises",
        "published": "2026-09-16T19:44:07.000Z"
      },
      {
        "outlet": "The Age",
        "title": "ASX set to slump, Wall Street falls as Warsh speaks after Fed raises rates",
        "url": "https://urgent.news/2026/09/16/asx-set-to-slump-wall-street-falls-as-warsh-speaks-after-fed-raises-7855642",
        "published": "2026-09-16T19:44:07.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "US Fed raises rates to tackle ‘too high’ inflation, irking Trump",
        "url": "https://urgent.news/2026/09/16/us-fed-raises-rates-to-tackle-too-high-inflation-irking-trump",
        "published": "2026-09-16T21:40:13.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Gold and silver turn lower after Fed raises rates as expected",
        "url": "https://urgent.news/2026/09/16/gold-and-silver-turn-lower-after-fed-raises-rates-as-expected",
        "published": "2026-09-16T21:45:19.000Z"
      },
      {
        "outlet": "RTHK News - Finance",
        "title": "US Fed raises rates by 0.25pc to battle inflation",
        "url": "https://urgent.news/2026/09/16/us-fed-raises-rates-by-0-25pc-to-battle-inflation",
        "published": "2026-09-16T22:44:47.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "US Fed raises rates to tackle 'too high' inflation, irking Trump",
        "url": "https://urgent.news/2026/09/16/us-fed-raises-rates-to-tackle-too-high-inflation-irking-trump-7896847",
        "published": "2026-09-16T23:28:14.000Z"
      },
      {
        "outlet": "The Jakarta Post",
        "title": "US Fed raises rates to tackle 'too high' inflation, irking Trump",
        "url": "https://urgent.news/2026/09/16/us-fed-raises-rates-to-tackle-too-high-inflation-irking-trump-7896706",
        "published": "2026-09-16T23:31:27.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}