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 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 […]