Tag - monetary-policy

 
 

MONETARY POLICY

Japan Times
COMMENTARY / World
Jul 13, 2022
Boris Johnson leaves behind a sterling mess
Investors appear to view the British pound more like the currency of a troubled emerging market than of a stable advanced economy.
Japan Times
COMMENTARY / Japan
Jul 10, 2022
Abe’s greatest economic policy legacy is looking careworn
The former premier knew what he wanted from monetary stimulus and the person to get him there: BOJ Gov. Kuroda. But does Japan still support those policies?
Japan Times
COMMENTARY / World
Jun 26, 2022
It’s the inflation, stupid
Dangerously high inflation has left Americans deeply dissatisfied with the economy and likely to punish the Democrats in this year's midterm elections.
Japan Times
BUSINESS / Markets / FOCUS
Jun 19, 2022
Once feted for pandemic heroics, world's central banks face an uneasy crowd
Faith has begun to erode that policymakers will hit their typical 2% inflation targets any time soon — a worrisome development that's begun shaping central banks' own reactions.
BUSINESS
Jun 17, 2022
BOJ stands pat on policy despite pressure following Fed rate hike
While many economists had said a policy shift was unlikely, the Fed's decision to introduce its largest rate hike since 1994 had fueled speculation that an adjustment might be made.
Japan Times
COMMENTARY / World
Jun 16, 2022
Jerome Powell took Ben Bernanke's advice a bit too far
The former Fed chief Bernanke had a famous recipe for setting monetary policy that relied heavily on communication. Officials today would do well to scale it back.
Japan Times
COMMENTARY / Japan
Jun 15, 2022
The yen won’t be moved by ‘90s nostalgia
The currency hit its weakest level since 1998, prompting speculation Japan might intervene again. But the world is a very different place today.
Japan Times
BUSINESS / FOCUS
Jun 10, 2022
When will the BOJ act on the yen? Not anytime soon, economists say.
Kuroda's remarks reinforce the growing gap between Japan's monetary policy and other central banks attempting to fend off inflation.
Japan Times
COMMENTARY / World
May 19, 2022
Does your country really need digital cash?
Everyone's jumping on the digital cash bandwagon. But doing so should really depend on if your economy is more like that of Poland or Peru.
Japan Times
BUSINESS / Economy
May 5, 2022
Federal Reserve chair vows to curb inflation with hikes that risk economic pain
On Wednesday, the Fed raised interest rates by 50 basis points for the first time since 2000, and Chair Jerome Powell says similar moves are on the table for June and July.
Japan Times
BUSINESS
May 2, 2022
End of easy money brings a $410 billion global financial shock
Unlike previous tightening cycles when the U.S. Federal Reserve was alone in shrinking its balance sheet, this time others are expected to do likewise.
Japan Times
COMMENTARY / Japan
Apr 21, 2022
Inflation, oil prices and the yen: What’s behind the BOJ’s tack?
Japan's inflation rate is around 1%, one of the lowest in the world. Why is Japan, which has been battling deflation for two decades, still the exception even as global inflation is rising?
Japan Times
BUSINESS / Economy / ANALYSIS
Mar 2, 2022
Ukraine war unlikely to deter Fed and central bank peers from March rate hikes
Money markets suggest central banks will press on with raising interest rates, even as a war on Europe's eastern flank complicates the picture for inflation and economic growth.
Japan Times
COMMENTARY / World
Feb 28, 2022
The 2% inflation target should be consigned to history
It's time for rigid inflation targets to be scrapped and for more flexibility to be breathed into monetary frameworks.
Japan Times
COMMENTARY / World
Feb 8, 2022
China goes for Olympic gold with its digital currency
China hoped to use the Games to showcase its financial innovations, cashless society and its ability to undermine the U.S. dollar's position as the global reserve currency.
Japan Times
COMMENTARY / World
Jan 21, 2022
The power and poison of Modern Monetary Theory
The rigid stances of MMT's devotees and detractors have not led to productive discussions over its viability.
Japan Times
COMMENTARY / World
Jan 1, 2022
The big issues for 2022
Many of the big questions for 2022 are related to inflation.
Japan Times
COMMENTARY / Japan
Dec 13, 2021
Will closer monetary-fiscal policy coordination lead to fiscal dominance?
As yield curves are already so flattened, central banks may need to rely more on reducing their holdings of government bonds to prevent an inversion of the yield curve.
Japan Times
COMMENTARY / World
Dec 9, 2021
The end of free money
Rising inflation does not look to be a just a temporary problem, and supply bottlenecks are not the only cause.
Japan Times
COMMENTARY / World
Dec 1, 2021
The inflation conundrum
Unlike prior inflation episodes, what is remarkable this time is how different the cross-country experiences have been as governments' diverse responses have led to varied economic outcomes.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.