The Bank of Japan (BoJ) seems set to exit its negative interest rate policy (NIRP) this week and allow its target interest rate to rise to just above zero. It also may also take further gradual steps ...
Macbeth, in contemplating a murder, said “If it were done when ’tis done, then ’twere well it were done quickly.” Gov. Kazuo Ueda evidently disagrees when it comes to getting rid of his central bank’s ...
"We didn't expect this kind of tweak this time," Shigeto Nagai, head of Japan economics at Oxford Economics, told CNBC's Capital Connection. The Bank of Japan has been dovish for years, but its latest ...
(Bloomberg Opinion) -- Federal Reserve Chair Jerome Powell has said that he and his colleagues are “not even thinking about thinking about raising rates.” That doesn’t mean we can’t still speculate ...
There are a lot of recession predictors people watch: Some track imports, some track wholesale prices, some even track light truck sales and Statue of Liberty visits. But one of the most watched ...
Since 2016, the Bank of Japan has suppressed long-term borrowing costs to try to revive a stagnating economy. Growth has failed to materialize and the policy, known as yield curve control, has brought ...
Japan’s Halloween tweak to its monetary policy didn’t go as far as some yen bulls had hoped. But a stronger yen could still eventually spook global markets—especially if rising U.S. rates keep forcing ...
The Bank of Japan may axe its yield-curve control program before year-end if rising prices prove stickier than expected, according Pacific Investment Management Co. “If data indicate inflation can ...
The Bank of Japan marked Halloween on Tuesday by announcing that Frankenstein’s monster isn’t dead yet. We refer to the Tokyo central bank’s policy in recent years of controlling longer-term interest ...