# Global Rates & FX Views: Japan’s GPIF, Fed and ECB

Page: https://stenobird.com/podcast/global-research-unlocked-4488149/global-rates-fx-views-japan-s-gpif-fed-and-ecb
Text version: https://stenobird.com/podcast/global-research-unlocked-4488149/global-rates-fx-views-japan-s-gpif-fed-and-ecb.md
Podcast: [Global Research Unlocked](https://stenobird.com/podcast/global-research-unlocked-4488149)
Published: 2026-07-17T22:20:09+00:00
Episode link: https://bofaglobalresearch.podbean.com/e/global-rates-fx-views-japan-s-gpif-fed-and-ecb/
Audio file: https://mcdn.podbean.com/mf/web/qyzyfqm9ur4s5jze/Rates_Weekly_July17.mp3
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JSON: https://stenobird.com/v1/public/podcasts/global-research-unlocked-4488149/episodes/global-rates-fx-views-japan-s-gpif-fed-and-ecb
Duration seconds: 1149

## Resource

Please join Ralf Preusser in conversation with Sphia Salim, Meghan Swiber and Shusuke Yamada. We will discuss potential implications of a hypothetical change in Japan's GPIF asset allocation both for Japan and G10 more broadly. We will also preview next week's ECB meeting and discuss how the Fed's reaction function may have changed with this week's US data. "Bank of America" and “BofA Securities” are the marketing names for the global banking businesses and global markets businesses (which includes BofA Global Research) of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Securities, trading, research, strategic advisory, and other investment banking and markets activities are performed globally by affiliates of Bank of America Corporation, including, in the United States, BofA Securities, Inc. a registered broker-dealer and Member of FINRA and SIPC, and, in other jurisdictions, by locally registered entities. ©2026 Bank of America Corporation. All rights reserved.

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## Transcript

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