Japan’s government nominated Kazuo Ueda to be the next governor of the Bank of Japan. Akio Kon/Bloomberg As poisoned-chalice jobs go, leading the Bank of Japan is a real standout. In fact, Kazuo...
Tag: Bank of Japan
Bank Of Japan Should Study Paul Volcker Era
As Federal Reserve chairman from 1979 to 1987, Paul Volcker took the maxim that a central banker’s role is “take away the punch bowl just as the party gets going” to the extreme. BRENDAN SMIALOWSKI/AF...
Bank Of Japan Shocks The Market By Changing Bond Policy
| Getty Images Key Takeaways The Bank of Japan announced a tweak to its interest rate policies, allowing ten-year bond yields to rise. It also announced an increase in its bond-buying program. Overall...
Japan’s ‘Frankenstein’ Turns On The No. 3 Economy
Haruhiko Kuroda made the tiniest of gestures he possibly could on the BOJ’s ultraloose policies. JIJI PRESS/JIJI PRESS/AFP via Getty Images Who knew global investors were this easy? Even Bank of...
Bank Of Japan Bazookas Risk Assets
China Last Night KraneShares Key News Asian equities were poised for a weak day following Monday’s US stock market drop. The weak start went from bad to worse mid-morning as the end of the Bank ...
Japan’s central bank to issue experimental digital yen in early 2023
The Japanese central bank will begin experiments with a proof-of-concept digital yen early next year, Nikkei reported. The Bank of Japan will work with several unnamed financial institutions to...
Japanese Yen Risks Being Rebranded As The ‘Peso’
Haruhiko Kuroda has the Bank of Japan standing pat while central bankers virtually everywhere else are boosting interest rates. MARTIN BUREAU/AFP via Getty Images The deer-in-the-headlights moment tha...
Japan’s And China’s Falling Currencies Should Raise Concerns For Asian Markets
getty The Japanese yen and Chinese yuan are as different as chalk and cheese. The yen is free floating and the yuan is rigidly controlled. But as the dollar strengthens in Asia due to the U.S. Federal...
Why A Strong Dollar Is Not As Good As You Think
A strong dollar sounds great. Here is where it is not so great for U.S. companies and investors. getty To most people, a strong currency means a strong country. Weak countries have weak currencies. St...
The Lords of Money Pose Massive Threats to Markets
Think the Fed’s job is hard? At least the U.S. Federal Reserve can concentrate on fighting inflation. In Japan and Europe, the central banks are battling the markets, not merely price rises. That’s le...
USDJPY As A Unique One-Look Indicator
TOKYO, JAPAN – JANUARY 01: An employee counts Japanese yen in Tokyo, Japan. (Photo by Tomohiro … [+] Ohsumi/Getty Images) Getty Images Traders and investors perpetually seek a one-look mea...
Bitcoin Thanks Japan For Making It Look Less Pathetic
Bank of Japan Governor Haruhiko Kuroda said on Friday that he isn’t thinking about raising Japan’s rock-bottom interest rates. Toru Hanai/Bloomberg As bitcoin spills credibility all over t...
Federal Reserve Is Trapped In A Cage Made In Tokyo
U.S. Federal Reserve Chair Jerome Powell may be more boxed in than investors appreciate. Kevin Dietsch -Pool/Getty Images As Federal Reserve Chairman Jerome Powell ponders how much latitude he has to ...
The $5 Trillion Inflation Time Bomb No One’s Talking About
Bank of Japan’s governor Haruhiko Kuroda at a press conference at the Bank of Japan headquarters in … [+] Tokyo on June 15, 2018. MARTIN BUREAU/AFP via Getty Images It’s taken nine years a...