Tag - kazuo-ueda

 
 

KAZUO UEDA

The Bank of Japan's September board meeting summary suggests the BOJ will endeavor to send clearer hints before raising its benchmark rate again.
BUSINESS / Economy
Oct 1, 2024
BOJ keen to avoid surprises after rate hike tanked Nikkei, meeting notes show
The bank's July 31 rate hike shocked markets and prompted the 225-issue Nikkei average's biggest tumble on record.
Bank of Japan Gov. Kazuo Ueda speaks at a news conference in Osaka on Tuesday.
BUSINESS / Economy
Sep 26, 2024
Small rate hike unlikely to hurt economy, BOJ policy board noted in July
The move came as a surprise and caused roller-coaster fluctuations in stock and currency markets.
Bank of Japan Gov. Kazuo Ueda indicates the central bank is in no rush to raise interest rates further.
BUSINESS / Economy
Sep 24, 2024
BOJ chief signals no rush in raising rates further
The central bank can afford to spend time scrutinizing market and overseas economic developments in setting monetary policy, Gov. Kazuo Ueda says.
The Bank of Japan headquarters in Tokyo. Analysts polled ahead of Friday were in agreement that the BOJ would choose not to make any rate adjustments.
BUSINESS / Economy
Sep 20, 2024
Bank of Japan leaves rates unchanged as Ueda signals pause
The central bank on Friday kept the uncollateralized overnight call rate steady at 0.25% following a two-day meeting of its Policy Board.
The Bank of Japan is holding its policy board meeting this week.
BUSINESS / Economy
Sep 17, 2024
Japan set to hold rates steady as yen rallies and LDP candidates stump
A rate hike by the Bank of Japan right after an expected cut by the Federal Reserve would cause more turbulence, UBS Securities' chief Japan economist says.
Looming interest-rate cuts by the Federal Reserve and a new hawkishness on the part of the Bank of Japan can make a claim for the yens recent movements.
COMMENTARY / Japan
Sep 13, 2024
Epic yen rally is a lesson in the lost art of FX intervention
Japan's own proactive currency interventions have played a crucial role in the yen's recent recovery.
Concern about the yen strengthening might limit the Bank of Japan's room for maneuver.
BUSINESS / Economy
Sep 2, 2024
Yen calling the shots as BOJ mulls rate increase
Analysts are concerned that the BOJ is at risk of going too far with its rate hikes and that the currency is close to being too strong.
The Bank of Japan headquarters in Tokyo
BUSINESS
Aug 29, 2024
Japan raises view of economy for first time in 15 months
The Cabinet Office said in its August report that the economy is recovering at a moderate pace, and only parts of it are pausing.
Bank of Japan Gov. Kazuo Ueda "predictably unpredictable" actions and policy shifts highlight the need for improved communication, reflecting modern central banking practices.
COMMENTARY / Japan
Aug 28, 2024
How long can the BOJ get away with rate shocks?
The BOJ’s shifting policies and Kazuo Ueda’s unpredictable approach reflect the need for better alignment with modern central banking practices.
The yen traded in the 143 range against the dollar on Monday, a three-week high.
BUSINESS / Markets
Aug 26, 2024
Dollar sinks against the yen, hovers near 2½-year low to sterling
The U.S. dollar also hovered near its lowest in 13 months against the euro.
Bank of Japan Gov. Kazuo Ueda speaks during a Lower House committee meeting on Friday.
BUSINESS / Economy / ANALYSIS
Aug 26, 2024
BOJ shows how action matters more than hawkish signs
In the debate over how central banks can affect market perceptions, the central bank may have gotten it right when in July it raised rates for a second time.
Bank of Japan Gov. Kazuo Ueda speaks during a Lower House financial affairs committee meeting in Tokyo on Friday.
BUSINESS / Economy / ANALYSIS
Aug 24, 2024
Fed's dovish shift a mixed blessing for BOJ rate hike plan
The BOJ's efforts to raise interest rates could be complicated if the two central banks' diverging policy paths keep markets jittery.
Bank of Japan Gov. Kazuo Ueda speaks during a Lower House hearing on Friday in Tokyo.
BUSINESS / Economy
Aug 23, 2024
Ueda promises better communication as he sticks to the script
Ueda took extra care with his comments to an extraordinary session of parliament called to discuss the market turmoil sparked by the central bank's surprise rate hike.
Bank of Japan Gov. Kazuo Ueda is scheduled to respond to questions from lawmakers in parliament on Friday.
BUSINESS / Economy
Aug 22, 2024
BOJ governor set to face intense scrutiny after market chaos
Gov. Kazuo Ueda will respond to questions from lawmakers in the Lower House on Friday morning, and those in the Upper House in the afternoon.
The Bank of Japan won't be able to introduce another rate hike this year, according to former board member Makoto Sakurai.
BUSINESS
Aug 12, 2024
Ex-BOJ board member rules out another rate hike this year
Recent market upheaval and the BOJ’s reaction to it are making market participants wary about the outlook.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference after the central bank's policy meeting in Tokyo on July 31.
BUSINESS
Aug 11, 2024
BOJ’s policy path fraught with risks after global market turmoil
Markets erupted with volatility within days of a BOJ rate hike on July 31.
The turmoil affecting global markets came on the heels of Bank of Japan Gov. Kazuo Ueda’s decision to raise rates, but you can't fault him given the volatile worldwide economic conditions.
COMMENTARY
Aug 6, 2024
Tokyo market rout — oops, the BOJ did it again
Japan’s central bank isn’t responsible for the bloodbath. But it’s reliving a terrible habit of hiking rates at the worst possible time.
Bank of Japan Gov. Kazuo Ueda holds a news conference at the central bank's headquarters in Tokyo on Wednesday. The bank raised rates to 0.25% in just the second hike since 2007.
COMMENTARY / Japan
Aug 1, 2024
Ueda’s big day was lost in a communication black hole
The BOJ should improve its information release process, including fixing leaks and setting fixed release times, to avoid similar issues in the future.
Taro Kono, Japan's digital transformation minister, during a Bloomberg Television interview in Tokyo, during which he mentioned that the Bank of Japan to needs to introduce a rate hike to stop the weak yen trend.
BUSINESS / Economy
Jul 29, 2024
Doves in ascendancy ahead of big Bank of Japan meeting this week
The central bank will likely hold rates where they are when it meets this week, according to analysts.
Bank of Japan Gov. Kazuo Ueda and Prime Minister Fumio Kishida show off the new banknotes in Tokyo on Wednesday.
JAPAN / Society
Jul 3, 2024
Japan releases new banknotes for first time in 20 years
The Bank of Japan plans to introduce a total of ¥1.6 trillion ($9.9 billion) worth of the new banknotes into circulation on Wednesday alone.

Longform

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