bank of japan

Prefiguring The Expected Expectations Fail

By |2018-09-10T18:24:12+00:00September 10th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

The Boston Fed held its 62nd Annual Economic Conference over the weekend. Not quite as well-known as the KC Fed’s Jackson Hole symposium, this Eastern branch’s meeting still attracts many big-name speakers. The “right” speakers, that is, meaning academic and mainstream bank Economists, supranational think tank thinkers, as well as current and former central bankers. [...]

BoJ Blames Amazon; Or, What A Difference A Few Months Make

By |2018-06-18T13:21:02+00:00June 18th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The Bank of Japan gathered its policymaking members in Tokyo at the end of last week. The statements released and the commentary given pursuant to it exuded a renewed darkness. When they had last met on April 26 and 27, things were already different. But the conclave before that, March 8 and 9, they were [...]

And Now For Something Completely Different

By |2018-05-16T12:02:10+00:00May 16th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Back in February, Japan’s Cabinet Office reported that Real GDP in Japan had grown in Q4 2017 for the eighth consecutive quarter. It was the longest streak of non-negative GDP since the 1980’s. Predictably, this was hailed as some significant achievement, a true masterstroke of courage and perseverance. It was taken as a sign that [...]