Bank of Japan Preview

Bank of Japan Preview

September 18, 2012

The Bank of Japan Policy Board is meeting Tuesday and Wednesday of this week to decide whether more stimulus should be undertaken.  Market players and government officials will be beyond disappointment if no action is taken.  The central bank has scant scope to support its economy with interest rate tools.  The overnight money rate target […] More

Bank of Japan Preview

August 8, 2012

The most intriguing aspect of this month’s meeting of the Bank of Japan’s Policy Board is a new composition of membership.  With the additions of Takahide Kuichi and Takehiro Sato, the nine-person committee will be fully staffed for the first time since April.  The new policymakers are trained economists, who worked previously in that capacity […] More

Possibility that Bank of Japan Will Expand Quantitative Easing on Tuesday

February 13, 2012

The BOJ monthly Policy Board meeting is being held on Monday and Tuesday of this week.  Fittingly in the face of deflation and perennially soft real growth in Japan, monetary policy there needs to be very accommodative.  Economic conditions worsened in 2011 because of an elevated yen, which hit a record high of 75.55 per […] More