The Bank of Japan keeps its benchmark interest rate unchanged but hints at possible reduction in Japanese government bond purchases.
The Bank of Japan keeps its benchmark interest rate unchanged but hints at possible reduction in Japanese government bond purchases.

BOJ Contemplates Cutting Back on JGB Purchases

Looks like the Bank of Japan is playing around with the idea of cutting back on its Japanese government bond purchases. To buy or not to buy that is the question. Maybe I should fly over there and give them some pointers on decision making.

Unchanged Interest Rates and Dissenting Voices

Keeping short term rates unchanged between 0% to 0.1% may sound like stability but with one board member dissenting it seems like there's a bit of controversy brewing. Guess even in the BOJ not everyone sees eye to eye just like in the Justice League.

Market Reactions and Superhero Yen Strength

Following the BOJ's decision the Japanese yen decided to take a little break and weaken against the U.S. dollar. Looks like even currency values need some superhero strength every now and then.

A Rollercoaster Ride of Policy Moves

From raising interest rates for the first time in 17 years to contemplating reducing JGB purchases the BOJ is definitely on a rollercoaster ride of bold policy moves. Wonder Woman to the rescue maybe?

BOJ Governor Watching the Yen like a Hawk

When BOJ governor Kazuo Ueda mentioned scrutinizing the yen's declines it almost sounds like he's patrolling the skies like an eagle eyeing its prey. I wonder if he needs some backup from an Amazon warrior.


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