More Japan Stimulus Is Coming as Yen Gains Steam

The yen hit a 17-month high against the dollar on Tuesday and one analyst expects more Japanese central bank stimulus. 'The Bank of Japan is now looking very beleaguered and I think it's only a matter of time before they pull the lever on more monetary easing,' said Michael Ingram, a market analyst with BGC Partners, based in London. Though he said central bank action disguises the fact that global growth is weakening. 'We're kind of pushing sand around the sand pit,' he added. TheStreet's Scott Gamm reports from Wall Street.