Bank of Japan to trim bond buying, keeps rates steady
The Bank of Japan kept ultra-low interest rates on Friday but decided to start trimming its huge bond purchases in a slow but steady retreat from its massive monetary stimulus.While…
Weak yen may actually deter Bank of Japan from hiking rates soon
The yen's fresh slide to a 34-year low complicates the Bank of Japan's deliberations on the timing of a next interest rate hike, as a resulting rise in import costs…
Euro holds at one-month high, yen set for worst month since 2016
HONG KONG: The euro held at a one-month high against the dollar on Thursday, having rallied on hopes the war in Ukraine might be entering a new de-escalating phase, while…
Shinzo Abe’s Lesson for U.S.: Leaning on a Central Bank Has Its Limits
TOKYO—Japan’s next leader will face a question many other countries are now grappling with because of the coronavirus pandemic: How much can central banks do to pull economies out of…