The Federal Reserve’s willingness to raise its benchmark rate on Wednesday “suggests that the U.S. economy is healthier than it has been in years, with robust job creation and rising wages and prices,” Sasakawa USA Fellow Tobias Harris said in a Nishi Nippon Shimbun article on March 17.
Tags: Bank of Japan, BOJ, bond prices, economics, Economy, exchange rate, fed, federal reserve, in the news, interest, interest benchmark, interest rate, Japan, nishi nippon shimbun, rate, rate hike, strong dollar, tobias harris, yield
Author: Tsuchiya Hideo
Categories: In-Depth with Nippon.com
What was once called Japan’s lost decade has now persisted for much longer than 10 years. Despite hopes that the policies of Abenomics would generate a virtuous circle of recovery, turmoil overtook the world economy before they could do so. The yen appreciated, stock prices fell, and it does not seem likely that the negative interest rate of the Bank of Japan will resuscitate the economy.
Tags: Abenomics, Bank of Japan, black monday, BOJ, currency, deflation, dollar, domestic, Economy, exchange, exchange rate, exports, fiscal policy, industry, inflation, interest rates, Japan, lending, moetary policy, money, nippon.com, public works spending, Shinzo Abe, stock, stock prices, strong yen, yen
Author: The Diplomat
Categories: In the News
The Bank of Japan’s decision last Friday to begin imposing a negative 0.1 percent interest rate on any new excess reserves beginning February 16 was its way of signaling “willingness to pursue a negative interest rate program (NIRP) without actually doing it,” Sasakawa USA’s Tobias Harris says in a February 3 article by Mina Pollmann
Author: Barron's Asia
The Bank of Japan’s newly announced strategy to spend 300 billion yen per year buying EFTs that track companies that invest in “physical and human capital” may be an attempt to rescue Japanese Prime Minister Shinzo Abe’s economic policy known as Abenomics, Sasakawa USA’s Tobias Harris says in a Barron’s Asia article by Shuli Ren.