Is USDJPY Set For A Temporary Bounce?

On September 1st, Brazilian central bankers cut the benchmark Selic rate by 50 basis points, lowering the rate to 12%. A surprise to the markets, the decision comes as policymakers are growing increasingly concerned about the country's pace of growth, and not its rising prices. Inflation continues to remain relatively high in Brazil, just under 7% since the last monthly report, while growth has only risen by 4.2%. But, can we expect this same type of policy for additional economies that previously showed rapid rates of growth and inflation in the past year? Read the article here - http://forexalliance.com/2011/09/01/forex-minors/usdjpy-set-temporary-bounce/