Ex-BoJ’s Hayakawa: Japan could enter recession as early as fall 2019, USD/JPY to hit 80s

Speaking in an interview with Bloomberg, Hideo Hayakawa, a former Bank of Japan (BoJ) Chief Economist, expressed his view on the USD/JPY pair going forward.

Key Headlines:

If Japan enters a recession, USD/JPY … "I don't think it will hit the 70s but the 80s is quite likely". 

The country could enter a recession as early as the fall of 2019.