Central Bank Watch
Bank of Japan Makes No Change in Monetary Policy but Revised Projected Growth Higher
April 27, 2021
This month’s meeting of the Bank of Japan Policy Board coincides with an updated publication of the Outlook for Economic Activity and Growth. The settings of the “Quantitative and Qualitative Easing with Yield Curve Control” was introduced initially in September 2016. The targets are -0.1% for short-term interest rates, “around zero percent give-or-take 50 basis […] More
New Overnight Developments Abroad - Daily Update
Financial Markets Generally Quiet Ahead of FOMC Meeting and President Biden’s Speech on Wednesday
April 27, 2021
The weighted dollar is trading at its overnight low but down less than 0.1% on balance. The U.S. currency is unchanged against the euro and sterling, up 0.1% relative to the yen and 0.1% softer versus the Swiss franc. U.S. stock futures are little changed. Corporate earnings reports have been mostly solid. Share prices closed […] More
