Neon advertisements in Osaka’s Dotonbori district in Japan Alexander Spatari | Moment | Getty Images Japan’s central bank on Tuesday finally ended its experiment with negative rates and unconventional easing tools which were aimed at reflating the world’s fourth-largest economy. The Bank of Japan’s decision came just days after Rengo, Japan’s largest federation of trade … Read more
An editorial montage of the Japan flag and Japanese yen cash bank notes Javier Ghersi | Moment | Getty Images Japan’s central bank raised interest rates on Tuesday for the first time since 2007, ending the world’s only negative rates regime and other unconventional policy easing measures enacted over the course of the last few … Read more
Japan bar chart graph with ups and downs, increasing values, concept of economic recovery and business improving, businesses reopen, politics concept with flag Elif Bayraktar | Istock | Getty Images Speculation is swirling that the Bank of Japan may move to exit the world’s last negative rate policy as early as next week, when policymakers … Read more
An editorialized picture of a falling graph against the Japanese flag. Natanael Ginting | Istock | Getty Images Japan’s central bank is expected to exit its negative interest rate regime this spring, though sluggish growth will limit its ability to alleviate depreciation pressure on the yen, according to a former Bank of Japan board member. … Read more
A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images The Bank of Japan announced it’s increasing its bond purchases at Wednesday’s auction, as a spike in government bond yields tests its resolve to defend its yield curve control policy. … Read more
An undated editorial photograph combining images of Japanese yen bank notes with stock market indicators. Javier Ghersi | Moment | Getty Images Japan’s central bank maintained its ultra-loose policy and left rates unchanged on Friday, mindful of the “extremely high uncertainties” on the growth outlook domestically and globally. In a policy statement after its September … Read more
The Bank of Japan could be forced into hiking rates sooner than expected if the Japanese yen weakens beyond 150 to the dollar, according to Bob Michele, global head of fixed income at JP Morgan Asset Management. Higher rates could then unwind the yen carry trade and spark a return of Japanese capital to its … Read more
The Financial institution of Japan headquarters in Tokyo. Bloomberg | Getty Pictures The Financial institution of Japan introduced Friday “higher flexibility” in its financial coverage — shocking international monetary markets. The central financial institution loosened its yield curve management — or YCC — in an surprising transfer with wide-ranging ramifications. It despatched the yen whipsawing … Read more
Japan’s central financial institution on Friday loosened its yield curve management, underscoring issues about its protracted financial easing on monetary markets and the true financial system. In a coverage assertion, the Financial institution of Japan mentioned it’s going to proceed to permit 10-year Japanese authorities bond yields to fluctuate within the vary of round plus … Read more
The Individuals’s Financial institution of China set the yuan buying and selling mid-point on June 28 at its weakest in eight months. Sheldon Cooper | SOPA Pictures | LightRocket through Getty Pictures High forex officers in Asia are pushing again on bets that despatched their currencies to their lowest in seven months this week, deepening … Read more