Markets mixed, Tokyo rallies as BoJ nominee backs loose policy
Global equity markets were mixed on Friday as traders continued to grapple with long-term interest rate concerns. The U.S. Federal Reserve\’s decision to further increase borrowing costs and hold them there has resulted in a drop in global equities throughout the month of February. Focus has now shifted to the release of the personal consumption […]
BOJ chief nominee Ueda vows to maintain monetary easing
Kazuo Ueda, the nominee for Bank of Japan governor, believes that current monetary policy is appropriate and will continue to maintain monetary easing to support the economy. Ueda also expressed hope to work closely with the government in guiding policy to reach the BOJ\’s 2 percent inflation target. Follow my Facebook group for more updates […]
BOJ board member calls for keeping ultra-easy policy for now
TOKYO: The Bank of Japan (BOJ) must maintain its ultra-loose monetary policy for now to allow time to see whether the recent rise in inflation will be accompanied by higher wages, its board member Naoki Tamura said on Wednesday. A former commercial banker, Tamura repeated his view that the BOJ must at some point conduct […]