stock exchange numbers increasing and decreasing

The BOJ’s Intervention Toolkit Is Running Out of Credible Options as the Yen Approaches 160

The Japanese yen’s persistent weakness near 159 to the dollar has pushed the currency to within striking distance of the 160 level that triggered approximately $62 billion in intervention spending by the Ministry of Finance in 2024. Finance Minister Satsuki Katayama has repeatedly warned of “decisive action” against excessive depreciation, language that represents the standard…

Read More
Asia office buildings skyline

BOJ Holds Rates at 0.75% as Snap Election Uncertainty Dominates Japan’s Market Landscape

The Bank of Japan held its policy rate steady at 0.75% at its January meeting, a decision that was widely expected but that carried additional significance given Prime Minister Takaichi’s announcement three days earlier that she would dissolve parliament and call a snap election for February 8. The 8-1 vote, with board member Hajime Takata…

Read More