It’s been a big week for CBs - The #Fed and #BoJ both hiked interest rates, following the #ECB’s move a week earlier. Only the #BoE shifted in a slightly less hawkish direction, chart @reuters.com www.breakingviews.com/columns/brea...

It’s been a big week for CBs - The #Fed and #BoJ both hiked interest rates, following the #ECB’s move a week earlier. Only the #BoE shifted in a slightly less hawkish direction, chart @reuters.com www.breakingviews.com/columns/brea...
Already unnerved by two dissenting votes, traders’ hawkish hopes turned to the afternoon press conference by #BoJ Gov Kazuo #Ueda, whose noncommittal comments left #yen trading lower than before he'd spoken, down nearly 1% on the day, chart @reuters.com www.breakingviews.com/columns/brea...
The Bank of Japan hiked its short-term policy rate to 1.25%, a 31-year high. This signals a robust economic recovery, but its global impact on capital flows needs careful monitoring. 🇯🇵🏦 #BoJ #MonetaryPolicy #JapanEconomy
una cuestión técnica sobre mandatos distintos, o se convertirá en una cuestión de gobernanza sobre cuánta tensión pueden soportar esos mandatos a la vez. #IndependenciaBancosCentrales #PolíticaDelYen #BOJ
tecnica su mandati diversi, o diventerà una storia di governance su quanta tensione quei mandati possano reggere contemporaneamente. #CentralBankIndependence #YenPolicy #BOJ
... hikes disappointed markets, the Yen depreciated more than 1%, continuing to unwind gains sparked by (actual and anticipated) FX intervention.
(CNBC chart below).
#economy #markets
#japan #boj #centralbanks
2 of 2
restera une histoire technique de mandats différents, ou deviendra une histoire de gouvernance sur la charge que ces mandats peuvent supporter simultanément. #IndépendanceDesBanquesCentrales #PolitiqueDuYen #BoJ
zu einer Governance-Geschichte darüber wird, wie viel Belastung diese Mandate gleichzeitig tragen können. #Zentralbankunabhängigkeit #Yenpolitik #BOJ
much strain those mandates can carry at once. #CentralBankIndependence #YenPolicy #BOJ
Video of the Governor's Press Conference (July 31) Now Available
The Governor of the Bank of Japan held a press conference on July 31. A video of the press conference is available online.
AI summary. Not investment advice.
#BOJ #BankOfJapan
¿Por qué Japón sube los tipos al 1,25% y qué cambia en su economía? #Japón #BancoDeJapón #BankOfJapan #BOJ #TiposDeInterés #Yen #Inflación #Economía #Mercados #Finanzas #Asia #Energía #FelizViernes #18DeSeptiembre
BOJ hikes 25bp to 1.25% — 31-year high, fully priced. Synchronized tightening now formal: ECB 2.50% (Sep 10) + Fed 3.75-4.00% (Sep 16) + BOJ (Sep 18) within 8 days. Ueda presser 06:30 UTC = the event; post-meeting yen squeeze = the declared tail. #Markets #BOJ
(The decision was split 7:2)
#BoJ Bank of #Japan raises policy rate by 0.25% to 1.25% - The BoJ said the move was b/c of a risk that inflation will deviate upward to beyond its 2% target, chart @reuters.com www.reuters.com/live/boj-dec...