Japanese monetary policy

Big Rise in Sovereign Debt Yields Ahead of BOJ, FOMC, and BOE Policy Reviews Later This Week

July 30, 2018

Ten-year sovereign debt yields climbed so far today by 7 basis points in the U.K., 5 bps in Germany, France, Italy and Spain, and 3 bps in the United States. Share prices fell in the Pacific Rim by 0.7% in Japan, 0.8% in New Zealand, 0.5% in Hong Kong and Singapore, and 0.4% in Taiwan […] More

Bank of Japan Review

November 20, 2012

The BOJ nine-person Policy Board did ease its monetary stance further after this month’s meeting, having done so in both September and October.  The decision was unanimous and expected.  A statement from officials also retained its economic assessment that Japan’s economy “has weakened somewhat” and is likely to remain relatively weak for “the time being.”  […] More

Bank of Japan Defers Any Action to its End-October Comprehensive Review

October 5, 2012

The Bank of Japan had stretched quantitative stimulus by JPY 10 trillion to a JPY 80 trillion total at its September Policy Board meeting and will be publishing its semi-annual economic and inflation review after its meeting at the end of this month.  So this week’s in-between meeting always figured to be a wait-and-see affair, […] More

Spotlight on Japan

September 19, 2012

The Bank of Japan expanded quantitative stimulus but did not exceed market expectations.  The actions taken by the Policy Board of the BOJ depressed the yen to as low as 79.23 per dollar, but its net overnight drop was just 0.3% against the dollar.  The greenback also rose 0.3% against the euro, 0.2% relative to […] More

Bank of Japan Preview

July 10, 2012

The Bank of Japan will not immediately join its counterparts in the euro area, China, and Britain, which seemingly eased in coordinated fashion last Thursday.  A two-day meeting of the Bank of Japan Policy Board, which begins Wednesday, will neither cut the interest rate target nor expand quantitative easing.  The target range for the overnight […] More