Bank of Japan (BoJ)
Japan intervenes in FX market for first time in 24 years
Yen falls below 145 to the USD after the BoJ kept ultra-low rates unchanged
Is there a case for a retail CBDC in Japan?
A BoJ-managed, account-ledger ‘digital yen’ tied to the new Kotora payments may offer some potential
More reserve managers use ETFs
Debate around how investor and ETF behaviour interact during times of market stress continues
BoJ conducts FX rate check amid falling yen
Analysts question whether FX intervention is feasible without monetary policy shift
Japan unlikely to bolster yen, analysts say
BoJ governor and finance minister say rapid shifts in currency are “undesirable” and “unfavourable”
CBDC launch still on the table, BoJ says
Senior official dismisses media reports on cancellation of CBDC plans
BoJ unlikely to move policy to counter yen weakness
The Bank of Japan is wary of raising rates or even increasing its yield control target to tackle yen depreciation, which it views as being exacerbated by foreign speculators, writes Sayuri Shirai
People: World Bank appoints Gill as chief economist
Two members join Bank of Japan board, and senior IMF officials Lester and Rice step down
Bank of Japan holds rates and increases inflation forecast
MPC predicts inflation will reach 2.3% this fiscal year but then fall back below target
BoJ to study impact of CBDC on bank deposits
Report says safeguards needed to prevent possible “rapid shift” from bank deposits to CBDC
BoJ board members concerned over yen’s volatility
Rate-setters differ over implications of currency depreciation, minutes show
Yen weakens further as BoJ stands by loose policy
Central bank stresses commitment to defending yield curve control despite exchange rate worries
Bank of Japan boosts bond interventions
Yield curve control policy still under pressure
Ten-year yield breaches BoJ target band
Central bank steps in with another purchase operation, but warns on yen weakness
BoJ finds some CBDC designs suffer from bottlenecks
Designs faced pressures on transaction throughput, latency and CPU load
Japan’s inflation breaches 2% target
High import prices a key driver as flat wages drag demand
Book notes: Tumultuous times, by Masaaki Shirakawa
A rare and refreshingly honest description of a governorship that spanned a series of crises
Japan reinforces yield curve control
Yen falls after MPC commits to daily purchases of Japanese government bonds at 0.25% yield
BoJ’s Uchida outlines phase two of CBDC experiments
Japanese people will ultimately decide whether they want a digital currency, executive director says
Yen drops as BoJ defends yield curve target
Bond operations send Japanese currency to seven-year low against the dollar
People: Chile appoints new central bank director
BoJ set to gain new policy board members; RBA names new head of banking; and more
Global markets show signs of strain as Russia sanctions bite
Flight to safe havens is starting to create tensions in dollar funding markets
BoJ launches unlimited 10-year sovereign bond purchases
Central bank steps in as investors put pressure on yield curve target, despite low inflation
Picking up the pieces: how to tackle the next phase of the Covid crisis
The global economy is heading into dangerous territory, writes Jagjit Chadha. Central banks must honour their commitments to price stability