Bank of Japan’s long-term interest rate target, room for fine adjustment within the year = IMF | Reuters

Ranil Salgado, director of the International Monetary Fund (IMF)’s review of Japan, said on the 15th that the Bank of Japan’s Yield Curve Control (YCC) is expected to lead to a sustained rise in domestic wages. said there may be room to tweak the long-term interest rate target later this year. Kazuo Ueda, Governor of … Read more

Column: Bank of Japan Ueda with a dovish image, risk is continued price hikes, including corrections even in economic slowdown | Reuters

TOKYO (Reuters) – The Bank of Japan, led by Gov. Kazuo Ueda, started off with a dovish tone. I would like to point out that Governor Ueda’s remarks on the 10th, which referred to downward pressure on the global economy, were a direct indication of Governor Ueda’s cautious policy stance. The risk for Ueda’s BOJ … Read more

Silicon Valley bank failure, limited impact on Japan’s financial system = Bank of Japan | Reuters

On March 14, the Bank of Japan’s Financial System and Banking Department issued a statement regarding the failure of the US Silicon Valley Bank (SVB), stating, “The direct exposure of Japanese financial institutions is thought to be negligible, and the impact on Japan’s financial system is currently limited. I’m looking at it,” he commented. FILE … Read more

Column: Abolition of YCC, which is highly difficult, BOJ needs to be prepared for paradigm change = Hideo Kumano | Reuters

Hideo Kumano Chief Economist, Dai-ichi Life Research Institute [Tokyo 26th]- Soon the name of the new governor of the Bank of Japan will be revealed. The normalization of monetary policy that person must undertake is likely to be an extremely bumpy road. Perhaps his five-year term will not be enough, and it may take more … Read more

Outlook for 2023: The structure of the rising dollar, rising risk of yen appreciation = Osamu Takashima | Reuters

Osamu Takashima Citigroup Securities Chief FX Strategist TOKYO (2nd) – The dollar/yen, which approached 152 yen in October 2022, fell sharply in November following the release of the US Consumer Price Index (CPI), which suggests that inflation has eased. Expectations that the U.S. Federal Reserve (Fed) will ease its pace of monetary tightening have risen … Read more