One factor that appears to have dislodged the exchange rate is the emergence of Prime Minister Sanae Takaichi, a known critic of BOJ hiking. Her plan for a snap election as soon as next month has added to downward pressure on the yen, and market players are betting on a win that would giving her more room to spend freely and slow down BOJ normalization efforts.That view appears to be gaining traction at the BOJ, too. While officials don’t have a preset course for rates, further yen weakness that fuels infla ...