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The Bank of Japan kept its benchmark interest rate at 0.5% on Friday, ending a two-day meeting in Tokyo without any change in monetary policy. The vote split was 7 to 2, and literally no one was surpr...
The ECB’s messy structure, made up of multiple member countries and layers of bureaucracy, used to be a punchline. Now, it might be its shield. The U.S., Japan, and the U.K. are all watching their cen...
Taro Kono, a senior member of the ruling Liberal Democratic Party, said the Bank of Japan must raise its main interest rate to protect the yen and prevent inflation from worsening. His remarks show ho...
Yields on Japan’s long-term bonds just ripped through levels not seen in decades as markets pushed back hard against the Bank of Japan’s slow exit from ultra-loose policy. As of Wednesday, the 30-year...