#BOJ

One glance at Chinese bond and stock markets makes it clear that 'The National Team' needs help... As China cracks down on the leverage in the shadow banking system (last night's data shows a massive ongoing collapse in that credit source)... And faces trade wars with US (occurring as

Intraday analysis 23-01-2018 The Bank of Japan’s monetary policy meeting held earlier today saw the central bank leaving interest rates and its QQE purchases unchanged. The Japanese yen was seen strengthening on the back of the BoJ’s meeting. Governor Kuroda is expected to hold a press c...

The Bank of Japan maintained its aggressive monetary easing, as widely expected, and left its assessment of inflation and growth unchanged. Governor Haruhiko Kuroda and his board members decided by an 8-1 majority vote to hold its target of raising the amount of outstanding JGB holdings at an

Authored by Ben Hunt via Epsilon Theory blog, The Three-Body Problem As much as I dislike the chickens on our farm, I love my bees. Do they sting? Of course they sting. The swarm is a wild animal. But after a few painful years I’m no longer a ham-handed goofball with my hives, and a morning

As expected, The Bank of Japan left all of its various machinations of monetary policy unchanged with Kataoka the lone dissenter (preferring a more aggressive stance of yield curve control). The key line in the statement appears to be "inflation expectations have remained in a weakening phase,"