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At the Monetary Policy Meeting (MPM) held today, the Policy Board of the Bank of Japan decided, by a unanimous vote, to set the following guideline for the money market operations for the intermeeting period: The Bank will encourage the uncollateralized overnight rate call to remain at around 0 to 0.1 percent. Regarding purchase of Japanese government ...
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Former President Donald Trump’s political operatives are putting together a plan that would give him unprecedented influence over the Federal Reserve, including a plan that could make him an “acting” central bank board member, according to a Wall Street Journal report. The plans, which the Journal report described as highly secretive, are part of a 10-page ...
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