Tag

Bank Of Japan

All articles tagged with #bank of japan

Bank of Japan's Rate Hike Sparks Yen Weakness and Bond Yield Rise

Originally Published 23 days ago — by CoinDesk

Featured image for Bank of Japan's Rate Hike Sparks Yen Weakness and Bond Yield Rise
Source: CoinDesk

Bitcoin surged above $87,000 following the Bank of Japan's rate hike to 0.75%, the highest in nearly 30 years, which caused the Japanese yen to weaken. The rate increase was expected and did not trigger a significant yen-buying response, as market participants anticipated continued low rates compared to the US. The move reflects Japan's ongoing shift away from ultra-loose monetary policy, with Bitcoin's price influenced by global market reactions and investor sentiment.

Bank of Japan Plans Rate Hike Amid Economic Concerns

Originally Published 24 days ago — by CNBC

Featured image for Bank of Japan Plans Rate Hike Amid Economic Concerns
Source: CNBC

The Bank of Japan is expected to raise interest rates to 0.75%, the highest in 30 years, as part of its policy normalization, despite Japan's economic contraction and ongoing inflation concerns. The decision aims to strengthen the yen and contain inflation, but may further slow the economy. Market focus will be on the BOJ's communication regarding the pace of future hikes and the neutral rate, amid ongoing debates about the timing and impact of these policy changes.

BOJ Rate Hike Hints Trigger Global Bond and Crypto Market Movements

Originally Published 1 month ago — by CoinDesk

Featured image for BOJ Rate Hike Hints Trigger Global Bond and Crypto Market Movements
Source: CoinDesk

The crypto market experienced a significant decline, nearly 6%, driven by a sell-off after CME futures opened and hawkish comments from the Bank of Japan about potential rate hikes, leading to increased volatility, liquidations, and a shift to bearish sentiment, although oversold conditions suggest a possible relief rally.

Yen Weakens as BOJ Maintains Rates Amid Political Changes

Originally Published 2 months ago — by CNBC

Featured image for Yen Weakens as BOJ Maintains Rates Amid Political Changes
Source: CNBC

The Bank of Japan kept interest rates steady at 0.5% in its first meeting after Prime Minister Sanae Takaichi's rise to power, amid ongoing inflation and a weak yen, with some members proposing a hike. The decision reflects cautious policy stance, while tensions with the US over currency strength and Japan's economic strategies continue to influence market dynamics.

Bank of Japan Maintains Rates Amid ETF Unwinding and Policy Uncertainty

Originally Published 3 months ago — by ING Think

Featured image for Bank of Japan Maintains Rates Amid ETF Unwinding and Policy Uncertainty
Source: ING Think

The Bank of Japan maintained its policy rate at 0.5% with two dissenting votes favoring a hike, signaling potential future rate increases amid rising inflation and economic confidence. The BoJ announced plans to gradually reduce ETF and J-REIT holdings, while political uncertainties and US monetary policy developments could influence the timing of rate hikes. Despite slowing headline inflation due to subsidies, core inflation remains above target, supporting the case for a rate increase possibly in October. The yen's outlook remains bullish with expectations of a rate hike and US Fed rate cuts, potentially pushing USD/JPY towards 145.

Japan's Inflation Eases Amidst Stable Yen and BoJ's Steady Rates

Originally Published 3 months ago — by CNBC

Featured image for Japan's Inflation Eases Amidst Stable Yen and BoJ's Steady Rates
Source: CNBC

The Bank of Japan kept its interest rate steady at 0.5% amid Japan's core inflation dropping to its lowest since November 2024 at 2.7%, with inflation expectations rising moderately. Despite signs of economic resilience, including above-expected GDP growth and a U.S.-Japan trade deal, inflation driven by high rice prices and global trade concerns are fueling calls for potential rate hikes, with some analysts predicting a possible increase in October.

Bank of Japan to Reduce Bond Purchases Less Aggressively Amid Growth Concerns

Originally Published 6 months ago — by CNBC

Featured image for Bank of Japan to Reduce Bond Purchases Less Aggressively Amid Growth Concerns
Source: CNBC

The Bank of Japan announced it will slow its government bond purchase reductions starting April 2024, while maintaining interest rates at 0.5%, amid economic growth uncertainties and persistent inflation above its 2% target, with the economy showing signs of slowdown and contraction.