The yen sways as the Bank of Japan challenges the market, and stocks rejoice in falling inflation

Interest rate expectations fell after inflation slowed in the US Asian stocks hit a 7-month high Japanese Treasury yields shatter the Bank of Japan’s ceiling as bets grow on a policy shift SINGAPORE/TOKYO (Reuters) – Asian stocks rose on Friday as investors rejoiced at slowing U.S. inflation, while the yen hit a seven-month high and … Read more

The Bank of Japan faces more tests to control yields as inflation picks up

The Bank of Japan discusses market distortions, and many fear further action The Bank of Japan decided to keep its short- and long-term interest rate targets stable The Board saw inflation expectations raised in a new quarterly report Governor Kuroda is likely to brief the media at 0630 GMT TOKYO (Reuters) – The Bank of … Read more