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
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According to the December machinery order statistics released by the Cabinet Office on the 19th, the order amount (seasonally adjusted) for private demand, excluding ships and electric power, which is a leading indicator of capital investment, increased by 2.7% from the previous month. . The photo was taken in September 2018 at the Keihin Industrial … Read more
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Regarding the gasoline subsidy (a drastic change mitigation measure) whose handling after the end of April has not yet been determined, there has been talk of extending it within the ruling party, and the government is expected to seriously consider it in the future. The photo was taken in September 2022 at a gas station … Read more
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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
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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
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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
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[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