Euroland labor costs and ZEW expectations index
Yen Slides 0.9% in Spite of First Bank of Japan Interest Rate Hike Since February 2007
March 19, 2024
The Bank of Japan‘s ended “yield curve control”, a negative short-term interest rate target, and asset purchases other than government bonds and restored the primacy of its overnight rate — now 0-0.1% — as its primary policy tool. These changes were justified by the greater-than-expected 5% wage increases that came out of this year’s spring […] More
