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Showing 11 - 20 of 100+ results for "Bank of Japan"

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... non-compliance. This disconnect between the real economy and stockmarket pricing has led to growing criticism that the Bank of Japan (BOJ) is distorting market pricing. Forget Gamestop and Reddit, the BOJ is the bigger player that's gaming the system. ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
... surrounding prefectures on 7 January 2021 and extended it to an additional eight prefectures a week later. However, Bank of Japan (BOJ) governor Haruhiko Kuroda is more optimistic. In his opening address at the quarterly regional branch managers meeting ...

Chief economist update: Japan's third wave

BENJAMIN ONG  |  MONDAY, 16 NOV 2020
... infections equals more monetary policy easing and more fiscal spending. Like the Fed and the European Central Bank, the Bank of Japan (BOJ) also kept monetary policy unchanged - target rate at -0.1% and target for the 10-year Japanese government bond ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
Reserve Bank of Australia (RBA) deputy governor Guy Debelle address at the Australian Industry Group's (AiG) September 22 virtual conference sparked a second wave - a second wave of negative interest rate speculation, that is. It was last on the ...

Chief economist update: Prime Minister Suga

BENJAMIN ONG  |  TUESDAY, 15 SEP 2020
Japan has a new prime minister. Yoshihide Suga is his name. Suga will officially be Prime Minister following a parliamentary vote on September 16 after being elected President of the ruling Liberal Democratic Party (LDP) two days earlier. Prime Minister ...

Chief economist update: Japan economy tanks depsite looser restrictions

BENJAMIN ONG  |  THURSDAY, 27 AUG 2020
... effects dictate a rebound in GDP in the next quarter but that wouldn't be enough. In fact, according to former Bank of Japan (BOJ) policymaker Takahide Kiuchi: "Japan will need about five years for the gross domestic product (GDP) to return to pre-pandemic ...

Chief economist update: Second wave comes to Japan

BENJAMIN ONG  |  MONDAY, 27 JUL 2020
... core inflation to zero from the previous two months' deflation readings of minus 0.2% each. This allowed the Bank of Japan (BOJ) to take a breather, keeping its monetary policy settings and asset purchases unchanged at its July 15 meeting while at ...

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
The Bank of Japan (BOJ) took a breather in July, keeping its monetary policy settings and asset purchases unchanged, promising that: "For the time being, the Bank will closely monitor the impact of the novel coronavirus (COVID-19) and will not hesitate ...

Chief economist update: Japan on the mend but BOJ, Abe not taking any chances

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2020
... managers' surveys, both the services and manufacturing PMI remain in contraction (below 50). This would keep the Bank of Japan (BOJ) from achieving its 2% inflation target. Latest stats show that Japanese headline CPI inflation remained barely above ...

Chief economist update: Japan reopens for business

BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
It was a magnificent Monday, 25 May 2020, for Japan for on this day Prime Minister Shinzo Abe declared the country's state of emergency over. We salute you our Japanese brothers and sisters, for Japan has flattened its coronavirus curve despite ...