Monday, November 11, 2024

May 16, 2024 3:37 PM

Japan’s economy skids, clouding BOJ’s rate hike plans

Japan's economy fell faster than expected in the first quarter as the weak yen continued to batter consumers, throwing a fresh challenge to the central bank's push to get interest rates further away from near zero. Preliminary gross domestic product...

May 7, 2024 1:03 PM

Yen weakens despite intervention threat, Aussie eases after RBA

The yen continued to drift lower against the dollar on Tuesday as gaping interest rate differentials weighed on the currency, despite fresh warnings from Japanese officials following two rounds of suspected dollar-selling intervention last week. The...

March 19, 2024 2:32 PM

Bank of Japan ends negative rates, closing era of radical policy

The move would make Japan the last central bank to ditch negative rates and end an era in which policymakers around the world sought to prop up growth through cheap money and unconventional monetary tools. While a majority of economists polled earli...

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