BOJ Rocks the Boat with a 17-Year Rate High
The Bank of Japan surprised the market by hiking its key interest rate to 0.5%, the highest level in 17 years, and adopting a notably...
Tag: BOJ
Central Banks A drift in Uncharted Waters
The decades preceding the pandemic may have had their rocky moments, but they now enjoy a retrospective glow of tranquillity. That era, marked by subdued...
Bank of Japan Hints at Possible Rate Hike Amid Unwavering Inflation Goals
The Bank of Japan (BoJ) has once again decided to keep its benchmark interest rate unchanged, clinging to the path toward its inflation target. This...
Jackson Hole meeting: to a cut of interest rate on September
Officials from three of the world’s leading central banks announced on Friday that they are firmly on track to lower—or continue lowering—interest rates in the...
Central Bank Chaos: Divergence, Uncertainty, and the Global Economic Rollercoaster
Central bankers and policymakers are gathering for one of the world’s most significant economic forums this week. They are expected to be more divided than...
BOJ opens a new era
The Bank of Japan has ended the most aggressive monetary stimulus program in modern history, removing the last negative interest rate in the world and...
Divergence in monetary policy ahead
As national factors take precedence over global trends, divergences emerge among the monetary policies of major economies. Pioneering inflation targeting in the early 1990s, New...