-
BOJ’s Policy Path Fraught With Risks After Global Market Turmoil
Bank of Japan Governor Kazuo Ueda’s path to policy normalization got a lot rockier after market ructions this week, leaving him facing multiple risks ahead. When he took the helm at the BOJ in April of 2023, Ueda inherited a complex monetary framework that seemed almost impossible to exit. After more than a decade of unconventional monetary easing, the bank held more than half of the market for Japan’s government bonds. And yet, after ending the world’s last negative interest rate in March, Ueda appeared to be moving smoothly toward normalization. Then markets erupted with volatility within days of a second ... (full story)
- Comments
- Subscribe
-
- Older Stories
From xm.com|Aug 9, 2024After a steep stock market selloff and a U.S. unemployment rate that has supposedly triggered a recession signal, Loomis Sayles writes in its latest research note, that a soft ...
From corporate.nordea.com|Aug 9, 2024|1 commentLast Friday's weaker employment data sent markets into panic mode and pushed rates into recession pricing territory. We are not convinced the US economy needs large rate cuts and ...
From raymondjames.com|Aug 9, 2024When the Federal Reserve (Fed) cut rates in response to the COVID-19 pandemic, mortgage rates fell below 3% in 2021 and many households refinanced or obtained new loans. Today, ...
-
- Newer Stories
From econoday.com|Aug 9, 2024Global data on net are posting near consensus estimates, at minus 7 and just below the zero line on Econoday’s Relative Performance Index (RPI). Yet when excluding what have been ...
From youtube.com/cmegroup|Aug 9, 2024Small rally in the Japanese yen. Bob Iaccino has more data.
From financemagnates.com|Aug 9, 2024Octa, a financial broker with globally recognised licenses, celebrates its 13th birthday this summer. In some cultures, the number 13 has a special significance. For example, the ...
- Story Stats
- Posted: Aug 9, 2024 3:46pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,744
