Thanks to the continuous media campaign, the market settled on the Bank of Japan's interest rate decision. Will Kazuo Ueda's press conference have a hawkish accident? After the Bank of Japan announced the end of its negative interest rate policy on Tuesday, the market remained calm. Analysts ...
The Bank of Japan took a key step toward dismantling its easy monetary policy by making its yield curve control more flexible. Among the changes: The Bank of Japan will let 10-year Japanese bond yields BX:TMBMKJP-10Y reach as high as 1%, from the previous threshold of...
Bloomberg columnists Daniel Moss and Gearoid Reidy wrote an article commenting on the Bank of Japan's latest interest rate hike decision. Their interpretation may help answer this question. The main contents of the article are as follows. The Bank of Japan's decision to abandon negative interest...
The Bank of Japan kept its benchmark interest rate steady at "around 0.25%" — the highest rate since 2008 — at the conclusion of a two-day meeting Friday. While the decision is in line withReuters poll estimates, economists largely see another rate hike by end ...
After a messy election, the Bank of Japan decided to hold itsbenchmark policy rateat 0.25%, as expected. But analysts say that the central bank's focus on normalizing monetary policy — raising rates — remains unchanged. The BOJ board maintained its three-year inflation projections ...
“Yields are likely to stay at current levels given that there were no surprises in the rate decision: YCC abolishment and continuation in QE.” DWYFOR EVANS, HEAD OF APAC MACRO STRATEGY, STATE STREET GLOBAL MARKETS, HONG KONG “The Bank of Japan has finally adjusted its policy rate from ne...
Dollar, Euro Give Up Gains Against Yen From Bank of Japan Decision on Rates.Reports on the performance of major currencies in the foreign exchange market on July 17, 2000. Failure of the United States (U.S.) dollar and euro to hold on to their previous gains against the yen; Trading ...
The second is that the spell of market turbulence that hit Japan in early August will not recur again this year. If economic activity continues to disappoint, or if global market instability continues, the BoJ will pause rate rises for the rest of this year. ...
TOKYO, June 16 (Xinhua) -- The Bank of Japan (BOJ) on Friday decided to keep its monetary policy unchanged in a bid to shore up the economy and continue with its reflationary efforts. The central bank's policy board voted 7-2 to maintain its interest rate at minus 0.1 percent and op...
Japanese shares rose after the decision. The yen fell JPY=EBS below 150 per dollar, as investors took the BOJ's dovish guidance as a sign the interest rate differential between Japan and the United States likely will not narrow much.