Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
Amamiya, 67, who joined the BOJ in 1979, has long been viewed as a front-runner due to his extensive experience crafting the bank’s strategies and policies.
Source: https://www.japantimes.co.jp/news/2023/02/06/business/masayoshi-amamiya-boj-governor-report/
At a two-day policy meeting, the BOJ kept intact its YCC targets, set at -0.1% for short-term interest rates and around 0% for the 10-year yield, by a unanimous vote.
BOJ" and “The Prince” in the media, Amamiya possesses deep political connections useful for setting policy and in-depth knowledge of the bank’s internal workings.
Source: https://www.japantimes.co.jp/news/2023/02/06/business/masayoshi-amamiya-boj-governor-report/
BOJ Tankan: Non-manufacturing sentiment improves for seventh consecutive quarter, reaches highest level since November 1991financialjuice.
But since then the BOJ has had difficulty maintaining the rate cap.
Source: https://seekingalpha.com/article/4583730-liquidity-is-staving-off-the-bear?source=feed_all_articles
Cherry trees make nice photo ops, but it's really all about BOJ money printer status!
Cornerstone was required to submit information to the BOJ from 2018/19 to 2021/22 with the application being submitted in 2021, in order to receive its no-objection.
Source: https://nationwideradiojm.com/boj-issues-no-objection-greenlight-to-cornerstones-reorganisation/
FILE - The headquarters of Bank of Japan (BOJ) is seen in Tokyo on Aug. 18, 2023.
For sure, the stretched positioning has played a role, but the catalyst is as DB points out, speculation of BOJ tweak at the July meeting.
Source: https://www.forexlive.com/centralbank/2-different-reasons-the-yen-has-been-rising-hard-20230713/
Furthermore, while global central banks in the western world are all in tightening mode trying to fight inflation, the BOJ is actively fanning inflation flames as it believes domestic inflation is not 'high enough'.
Source: https://seekingalpha.com/article/4607859-dbjp-etf-buy-on-pullbacks?source=feed_all_articles
Goto said the BOJ and other top institutions needed to do more to nurture female leaders and stimulate a broader shift across private industry.
However, the market pressure on the BOJ continues with the 10-year swap rate at 0.8% and the swap spread still trading wider than its long-term average (see Chart 5).
Source: https://seekingalpha.com/article/4586708-change-on-the-horizon-for-japan?source=feed_all_articles
“If the BOJ completely discards yield curve control, many people estimate JGB yields should stay around 0.9% to 1%,” he said.
If the BOJ indeed insists on surprising again they are setting the markets up for further volatility.
In a few month if the BOJ continue to print like crazy and the JPY to weaken we may well have an inflation above US and there will be not excuse for the BOJ for playing with fire.
In a few month if the BOJ continue to print like crazy and the JPY to weaken we may well have an inflation above US and there will be not excuse for the BOJ for playing with fire.
In the statement, the BOJ observed that Japan's economy is improving, and it expects the moderate recovery to continue.
“I think there was a real balance here between him and the two candidates for deputy who have been named – Uchida is a real BOJ insider and then Himino has a good international orientation.”
Source: https://financialpost.com/pmn/business-pmn/japan-to-appoint-kazuo-ueda-as-next-boj-governor-nikkei-3
Japanese rhetoric increased as the dollar moved above JPY140 and speculation of an adjustment in BOJ monetary policy (July 28) increased, while disappointing jobs data and softer CPI and PPI data saw US interest rates fall sharply.
Just a month ago the BOJ shocked markets by doubling the allowable band for the 10-year JGB yield to 50 basis points either side of 0 percent.