Boj in a sentence

BoJ's Wakatabe: There has been no change in BoJ's determination to continue monetary easingfinancialjuice.

In a few month if the BOJ continue to print like crazy and the JPY to weaken we may well have an inflation above US and there will be not excuse for the BOJ for playing with fire.

BOJ Governor Kazuo Ueda noted the BOJ will remain data-dependent for now, and may choose to hold off on any policy shifts until after the economy returns to growth.

JPY focus turns to the BoJ today, but the BoJ is really up against it as JPY continues to trade firm on the backdrop of policy normalisation chatter.

Although the JPY is expected to weaken in case the BoJ keeps with its policy, I expect the currency to appreciate anyways as the global recession nears.

Amamiya, 67, who joined the BOJ in 1979, has long been viewed as a front-runner due to his extensive experience crafting the bank’s strategies and policies.

As soon as he takes the BOJ’s helm, the nominee will likely face intense market pressure for change, even if he may prefer to take time to carefully assess the past decade’s extraordinary stimulus measures as an economist.

At a two-day policy meeting, the BOJ kept intact its YCC targets, set at -0.1% for short-term interest rates and around 0% for the 10-year yield, by a unanimous vote.

BOJ" and “The Prince” in the media, Amamiya possesses deep political connections useful for setting policy and in-depth knowledge of the bank’s internal workings.

BoJ governor Kazuo Ueda, for his part, has warned against rushing into tightening.

BoJ Governor Ueda has stated often that he will maintain the Bank’s ultra-loose policy until stronger wage growth keeps inflation sustainably around the 2% target.

BoJ Governor Ueda: High nominal rates possible in sustained positive inflation economy, enabling sharp interest rate cuts when neededfinancialjuice.

BOJ's Ueda 'throws cold water' on expectations for early policy shiftasia.

BOJ Tankan: Non-manufacturing sentiment improves for seventh consecutive quarter, reaches highest level since November 1991financialjuice.

But big wage hikes pledged by major firms this year and a rebound in private consumption heighten the chance inflation will remain elevated, analysts say, casting doubt over the BOJ’s view that sustained achievement of 2 percent inflation remains elusive.

But since then the BOJ has had difficulty maintaining the rate cap.

Cherry trees make nice photo ops, but it's really all about BOJ money printer status!

Even after the BoJ’s failure to lift the YCC cap on 10Y JGB yields once more after its December move, it seems the widely held view in the market is that that cap will have to be lifted, or removed altogether, at some point this year.

For sure, the stretched positioning has played a role, but the catalyst is as DB points out, speculation of BOJ tweak at the July meeting.

Furthermore, while global central banks in the western world are all in tightening mode trying to fight inflation, the BOJ is actively fanning inflation flames as it believes domestic inflation is not 'high enough'.