Posted 12/13/2023, 9:21:00 PM
Bank of Japan Navigates Delicate Policy Shift as Inflation Rises, Other Banks Loosening
- Bank of Japan prepares to tighten monetary policy as other central banks signal loosening
- Ueda told parliament on Dec. 7th that managing ultraloose policy will become more challenging
- With Japanese inflation and wage hikes entering a virtuous cycle, markets eye BOJ's negative rate exit
- Fed signaled it might cut rates 3 times in 2023, complicating BOJ's tightening plan
- Nikkei Asia will be the voice of the Asian Century