The bank has been following such a policy by holding down interest rates to encourage consumer spending. Its policy has sharply contrasted with the US Federal Reserve, which has hiked …
Kazuo Ueda, governor of the Bank of Japan (BOJ), attends a council meeting at business lobby Keidanren (Japan Business Federation) in Tokyo, Japan, on Monday, Dec. 25, 2023. Ueda pointed …
Kazuo Ueda, governor of the Bank of Japan (BOJ), gestures as he speaks during a news conference at the central bank’s headquarters in Tokyo, Japan, on Tuesday, Oct. 31, 2023. …
The most immediate threat is another recession. The 2.1 per cent contraction in the July-September period year on year comes as China’s economy slows and elevated US bond yields send …
What a difference a year makes. At the end of 2022, all eyes were on China as the abrupt end of the government’s zero-Covid policy fuelled hopes of a sharp …
Park is among a legion of South Korea’s retail investors who are betting the Japanese currency’s slump must end. Yen deposits at South Korean banks jumped to a record in …
Berkshire Hathaway’s Warren Buffett (L) and Charlie Munger. JOHANNES EISELE/AFP via Getty Images The Bank of Japan’s balance sheet has long since topped the size of the nation’s $4.7 trillion …
A 1000 yen note on a tray at a souvenir shop in Hakone, Japan, on Tuesday, Nov. 22, 2022. SeongJoon Cho | Bloomberg | Getty Images Among major central banks, …
Fumio Kishida, Japan’s prime minister, reacts while delivering a policy speech during an extraordinary session at the lower house of parliament in Tokyo, Japan, on Monday, Oct. 23, 2023. Kiyoshi …
As the Japanese yen breaks through 150 to the US dollar, investors can’t help but entertain the four most dangerous words in economics: this time is different. Global finance has …