Despite a less than stellar start to its negative interest rate policy, alongside an increasing chorus of negative opinions from analysts and investors alike, Bank of Japan governor Haruhiko Kuroda isn’t perturbed one bit, suggesting earlier today the central bank wouldn’t hesitate to act if market volatility threatens its efforts […]
The surprise decision from the Bank of Japan (BOJ) to adopt a negative interest rate policy may not be anywhere as potent as BOJ governor Haruhiko Kuroda and others believe. Kuroda yesterday proclaimed it to be “the most powerful monetary policy framework in the history of modern central banking”. According […]
Bank of Japan governor Haruhiko Kuroda is going all out to ensure markets understand that the bank can, and will, cut interest rates further into negative territory should the need arise. Speaking at a seminar earlier today, Kuroda delivered a Mario Draghi-like address to the audience, describing last week’s decision […]
BoJ Governor Kuroda has surprised markets in Asia today with the announcement of the expansion of the bank’s quantitative easing program to include exchange traded funds. The bank said it will continue to expand the money base by 80 trillion Yen per annum but in a 6-3 vote the bank […]
Exciting end to the trading week?
Up over 1%.