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Showing 1 - 10 of 20 results for "BOJ governor Haruhiko Kuroda"

Chief economist update: Fed fights back bond bears

BENJAMIN ONG  |  MONDAY, 1 MAR 2021
... to short-circuit rising bond yields. So has the Bank of Japan (BOJ) and the Bank of Korea (BOK). BOJ governor Haruhiko Kuroda told Japan's parliament: "The BOJ has no intention of pushing up (10-year bond yields) above its target of around 0%... ...

Chief economist update: At the core-core of it

BENJAMIN ONG  |  TUESDAY, 31 JUL 2018
... from 0.5% in February this year to 0.2% last month. I note this because, if memory serves me right, BOJ Governor Haruhiko Kuroda pointed to this "core-core inflation" measure to declare that the economy is no longer in a state of deflation. According ...

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
... inflation nirvana. It therefore comes as no surprise that when asked about the veracity of these reports, BOJ Governor Haruhiko Kuroda replied: "I know absolutely nothing about the basis for those reports." The BOJ was under his stewardship when it rolled ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... effect on business investment? There are lessons from the past, and they are all very negative." BOJ Governor Haruhiko Kuroda: "The indirect impact on the Japanese economy could be quite significant...if this escalation of tariffs between the US and ...

Japan needs trade peace with the US

BENJAMIN ONG  |  FRIDAY, 8 JUN 2018
... when it ditched the forward guidance on the timing of when it would achieve its inflation objective. BOJ Governor Haruhiko Kuroda explained the reason for eliminating the target date, at his post-meeting conference after the 26th April BOJ meeting: "There ...

Chief economist update: Onwards and downwards to a recession?

BENJAMIN ONG  |  THURSDAY, 17 MAY 2018
... recent decision to delete the expected timing of when it would achieve its inflation objective. As BOJ Governor Haruhiko Kuroda explained the reason for eliminating the target date, at his post-meeting conference after the April 26 BOJ meeting: "There ...

Chief economist update: Fed's on target, BOJ takes out target

BENJAMIN ONG  |  THURSDAY, 3 MAY 2018
... times since the year 2013). But here, I don't have to guess the BOJ's intention. None other than the BOJ Governor Haruhiko Kuroda explained the reason for eliminating the target date, at his post-meeting conference. "There was a market tendency to see ...

Chief economist update: Hostage to speculations

BENJAMIN ONG  |  FRIDAY, 16 MAR 2018
... on 10-year JGBs doubled (to 0.06% from 0.03%) in early March after financial markets interpreted BOJ Governor Haruhiko Kuroda's testimony before Japan's Lower House as a prelude to exit...by fiscal year 2019. Perhaps, Kuroda's words were lost in translation. ...

Chief economist update: The yen's on the up and up

BENJAMIN ONG  |  FRIDAY, 16 FEB 2018
... Japan (BOJ) would taper its policy stimulus measures - one that has continued to this day despite BOJ governor Haruhiko Kuroda stressing the Japanese central bank's commitment towards maintaining its "Quantitative and Qualitative Monetary Easing (QQE) ...

Chief economist update: ECB sees low rates for longer

BENJAMIN ONG  |  TUESDAY, 16 JAN 2018
Echoing BOJ Governor Haruhiko Kuroda's quick push back on taper speculations, Deutsche Bundesbank president and ECB governing council member Jens Weidmann used his speech at the Ludwig-Erhard Summit in Bavaria to do the same. Like Kuroda, Weidmann's ...
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