International Monetary Fund (IMF) Chief Economist Pierre-Olivier Grandchat said on the 23rd that Japan’s monetary policy has room to normalize its ultra-low interest rate policy due to rising inflation expectations, and that the Bank of Japan will gradually reduce interest rates admitting the possibility of raising the rate. Photo taken in Marrakech, Morocco in October … Read more
The US Commerce Department announced on the 15th that retail sales for July (seasonally adjusted) rose 1.0% from the previous month. This was higher than economists had expected for a 0.3% increase, easing fears of an economic downturn. We asked market participants to comment on the outlook, including other US economic indicators. Photo taken in … Read more
Bank of Japan Governor Kazuo Ueda told the House of Councilors Committee on Finance and Finance on the 9th that if the underlying inflation rate gradually increases as expected by the Bank of Japan, “we will have to consider reducing the degree of easing.” Stated. The photo shows President Ueda giving a press conference. Photographed … Read more
The yen is depreciating as the market recognizes that the Bank of Japan, which lifted negative interest rates on March 28, will move forward with financial normalization “slowly.” Photographed on the 18th in front of the Bank of Japan head office in Tokyo (2024 Reuters/Kim Kyung-Hoon) TOKYO (Reuters) – The yen is depreciating as the … Read more
According to the Corporate Goods Price Index (CGPI) preliminary report for February released by the Bank of Japan on the 12th, the domestic corporate goods price index (CGPI) rose by 0.6% from the previous year. The photo was taken in March 2016 at the Keihin Industrial Zone in Kawasaki City (2024 Reuters/Yuya Shino) TOKYO (Reuters) … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/VLDTXJOTRNNW7BNNSD2JJZUBOE.jpg?fit=%2C&ssl=1 "Finance Minister Suzuki Dismisses Link between Bank of Japan’s Policies and Deflation End")
On February 16, Finance Minister Shunichi Suzuki stated at the House of Representatives Finance and Financial Services Committee regarding the relationship between the Bank of Japan’s monetary policy changes and the decision to end deflation, “The government cannot comment on whether or not ending deflation will be linked to the lifting of negative interest rates.” … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/EHZHQTLEEJKI7JGSBRKT5IQCVE.jpg?fit=%2C&ssl=1 "Tomoko Amaya: Ex-Vice Finance Minister’s Views on Bank of Japan and Interest Rates")
On February 14, Tomoko Amaya, former Vice-Minister for Financial Affairs and International Affairs, expressed her view in a Reuters interview that even if the Bank of Japan decided to lift negative interest rates, it would be unlikely to lead to market turmoil. The photo is from the Bank of Japan. Photographed in September 2016 in … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/5U2N7KT5DJOMRJFM673E5TAH7E.jpg?fit=%2C&ssl=1 "IMF calls for end to Japan monetary easing framework and consideration of interest rate hikes – Reuters")
The International Monetary Fund (IMF) issued a statement on the 9th at the end of its review of the Japanese economy (Article IV consultations on Japan), calling on the Bank of Japan to abolish the current monetary easing framework and consider raising short-term interest rates in stages. proposed that it should be done. Photographed in … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/VKLPSET3G5NAXG62LJ77642G6I.jpg?fit=%2C&ssl=1 "Reserve Bank of Australia (RBA) maintains hawkish bias, Australian dollar valuation updates")
[Tokyo, 8th]- At its board meeting on the 6th of this week, the Reserve Bank of Australia (RBA) announced that it would leave policy unchanged, but maintained its tightening bias. The Australian dollar is expected to recover against the US dollar in the medium to short term, and in the meantime, it is likely to … Read more
Doctors had positive news for actor Jiří Bartoška (76). The tumor was detected very early, thanks to the fact that Bartoška regularly went for preventive examinations. It means the actor’s hopes for a cure are high. According to doctors, this is a so-called encapsulated tumor, which can be removed much better. This is not the … Read more