4+ hour, 31+ min ago  (77+ words) Source: Based on data from WSJ In Tokyo, Treasury Secretary Scott Bessent gave some support to Japan's currency intervention He also issued a thinly veiled hint that he "expects" BOJ to raise interest rates at its June meeting Bessent thinks…...

2+ week, 1+ day ago  (177+ words) The BOJ now forecasts that, due to the Iran war, GDP growth this year will slow to just 0. 5%, half the pace predicted in the January forecast Meanwhile, while headline inflation aside from fresh food will rise to 2. 8%, almost 1 percentage point…...

1+ mon, 1+ week ago  (151+ words) " The Bank of Japan (BOJ) has given its inflation hawks more ammunition for rate hikes by adjusting some measures " It now publishes a second set of measures that correct artificial distortions, e. g. , government subsidies that push down energy prices " As a…...

2+ mon, 1+ week ago  (864+ words) Takuji Aida, the economic guru whispering into the ear of Prime Minister Sanae Takaichi, has prescribed a policy that violates the basic principles of economics. Not only is it unattainable, but the effort to carry it out is positively harmful....

3+ mon, 1+ week ago  (677+ words) Source: Wall Street Journal Note: This is a rise in percent, not percentage points, e. g. , on January 20th, the yield on ten-year US Treasury bonds rose from 4. 23% to 4. 30%, a rise of 17%. And then Bessent went full-on Trump with his bully-boy rhetoric. "Denmark's…...

3+ mon, 3+ week ago  (286+ words) Many currency forecasters and policymakers believed that the value of the yen would recover once Japan began raising its interest rates. That would narrow the gap between US and Japanese interest rates and thus stop luring as much money from…...