
Japanese Minister Sets the Record Straight: The BoJ Makes Its Own Policy Decisions
Japan's finance minister reaffirms the Bank of Japan's complete independence regarding interest rates. A clear message amid growing political pressure.
12 articles on BoJ

Japan's finance minister reaffirms the Bank of Japan's complete independence regarding interest rates. A clear message amid growing political pressure.

The Japanese government puts an end to speculation: no more advance hints about the Bank of Japan’s monetary policy. This shift in policy is reshuffling the deck for the USD/JPY pair.

A member of the Japanese government's advisory panel is calling on the BOJ to implement moderate rate hikes. The yen and bond markets are reacting to this policy statement.

Inflation in Tokyo rose in June, driven by energy prices. This acceleration is fueling renewed speculation about monetary tightening by the Bank of Japan.

The Bank of Japan is adopting a more hawkish tone, but the USD/JPY remains stuck above 161. MUFG analyzes this worrying discrepancy for Tokyo.

Official figures for May show that inflation in Japan is under control, but energy subsidies mask very real underlying pressure.

Japan's Minister of Economy warns against a too-sharp rise in interest rates just minutes before the Bank of Japan's decision. The yen and the USD/JPY are under pressure.

The dollar remains strong against the yen despite Governor Ueda's hawkish comments. The USD/JPY pair is holding steady at 159.93 as an imminent rate hike looms.

Tokyo's inflation rate in May came in below expectations. The Bank of Japan may reconsider its plan to raise interest rates in June.

The Bank of Japan has seen its net profit plummet due to higher interest payments on commercial banks' reserves. Positive interest rates are proving costly.

Ryozo Himino, deputy governor of the Bank of Japan, reaffirms the upward trajectory of Japanese interest rates. Only an escalation in the Middle East could change the situation.

Rising energy prices prompt the Bank of Japan to revise its inflation forecasts upwards. A major turning point for Japanese monetary policy and the yen.