Earlier this year, the Bank of Japan (BoJ) became the latest central bank to experiment with Negative Interest Rate Policy (NIRP). They followed this up in September with even further unconventional monetary policy, which they have called "Qualitative and ... ( read original story ...)
U.S. Treasury yields subside, Asian stocks steady
Japanese government bond yields also pulled back from multi-month highs after the Bank of Japan conducted a special fixed-rate bond buying operation for the first time, firing a warning shot against excessive yield moves. The dollar index, which measures ... ( read original story ...)
Japan's Central Bank Believes Blockchain Could Create Tax Issues
Growth in the use of both digital currencies and distributed ledgers could hold regulatory and monetary policy implications, a senior official for Japan’s central bank said today. Speaking during a fintech event at the Univeristy of Tokyo, Bank of Japan ... ( read original story ...)
Bank of Japan policymakers acknowledge delay in hitting 2% inflation
TOKYO (Kyodo) -- Bank of Japan policymakers said its goal of 2 percent inflation would be further delayed, but policy decisions would be based on momentum toward the target, according to a summary of opinions at the latest policy meeting released Thursday. ( read original story ...)
BoJ's Nakaso: central banks must keep up with technology
Central banks must stay abreast of developments in payments technology if they are to avoid constraining the economy, Bank of Japan deputy governor Hiroshi Nakaso said today (November 18). Addressing... ( read original story ...)
Japan's PM Abe meets Trump, says confident can build trust
COMMON GROUND Back in Tokyo, Finance Minister Taro Aso commented: "The meeting ran longer than planned, which means that they were on the same wavelength and it went well." Some of Trump's campaign rhetoric suggested an image of Japan forged in the 1980s ... ( read original story ...)
Tokyo shares up by break on lower yen
Tokyo stocks rallied Friday morning as the yen sank against the dollar after Federal Reserve chief Janet Yellen indicated the bank would hike US interest rates next month. The dollar soared Thursday after Yellen told a joint congressional committee of her ... ( read original story ...)