BOJ Runs Into Critical Analysts After Kuroda Easing Shock
Hours after the Bank of Japan caught central-bank watchers off guard by boosting stimulus, officials were fending off complaints about its communications. A meeting on Oct. 31 with about 50 analysts...
View ArticleDollar Technicals Stretched, but Fundamentals Remain Supportive
The underlying driver of the foreign exchange market is the divergence between the US and the other high income countries. This was underscored in the past couple of weeks. Between the BOJ and the...
View ArticleYen gains as some BoJ policymakers fret about QE costs
The yen rose on Tuesday after Bank of Japan minutes showed the hurdle to further quantitative easing was high and as the dollar struggled to make much headway before a second reading of U.S. growth...
View ArticleBOJ’s Shirai thinks it will take more than two years to reach 2% inflation...
recovery in consumption was later than expected; its possible that real GDP will contract in FY2014; Not so cheery comments out a short while ago
View ArticleKing Dollar: Not Just the Driest Towel on the Rack
The US dollar remains king. It continues to be supported by the divergence in growth and interest rate differentials. Even though the ECB did not take fresh action this past week, there is little doubt...
View ArticleBOJ increasingly likely to cut price forecasts
The Bank of Japan looks increasingly likely to cut its inflation forecasts next month, sources say, making its target of 2% in the year from April look ever more ambitious, just three months after it...
View ArticleBOJ chief says 2% inflation in sight
The outlook on prices is generally bright, the head of Japan’s central bank suggested Thursday, contending that falling oil prices will be good for the economy in the long run. The rate of inflation...
View ArticleYen edges down vs dollar, euro as sentiment improves; BOJ awaited
The safe-haven yen was on the back foot on Friday, as risk assets staged a broad recovery and investors awaited the outcome of a Bank of Japan meeting. The dollar added 0.2 percent against the yen to...
View ArticleBOJ may extend deadline, expand loan schemes next week
The Bank of Japan may next week decide to expand two loan schemes aimed at encouraging commercial banks to lend more and extend them beyond their current March expiry date, sources familiar with the...
View ArticleBank of Japan may extend program encouraging lending
The Bank of Japan will consider extending a program designed to provide low-interest loans for financial institutions that boosted lending, in order to supplement monetary easing and stimulate demand...
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