Economics
The Bank of Japan’s (BOJ) March Monetary Policy Meeting (MPM) took place against a backdrop of heightened market volatility, and the proceedings underscored the increasing tension between the "look-through" approach to temporary price shocks and the mounting fear of being caught behind the curve as external
CBDC
As the global race to redefine the future of sovereign money splinters into fiercely divided ideological camps, the Bank of Japan (BOJ) has reached an inflection point in its journey toward a Central Bank Digital Currency (CBDC). Moving beyond the theoretical sandbox, Japan’s central bank is now grappling with
Economics
After a turbulent start to the year marked by a 27-year high in bond yields, the Japanese government bond (JGB) market is beginning to stabilize as investors digest the realities of Prime Minister Sanae Takaichi’s resounding election victory. According to a new report from Sony Financial Group, the
Economics
The International Monetary Fund (IMF) has signaled strong support for the Bank of Japan’s ongoing policy normalization, forecasting a path toward a neutral interest rate of 1.5% by 2027, while simultaneously warning Tokyo against eroding fiscal discipline through broad tax cuts. In a press briefing following the 2026
regional revitalization
The Bank of Japan has published a special edition of its Regional Economic Report, the "Sakura Report", a compilation of reports from branch offices and other regional economic departments on the trends and recent changes in capital investment by regional companies. These companies are confronting a new economic
private equity
This week, the Bank of Japan (BOJ) has published a new paper out of the "Bank of Japan Review" series, examining the recent trends in Private Equity (PE) and Private Debt (PD) funds, which have significantly expanded their assets under management (AUM) since the Global Financial Crisis (GFC)
bank of japan
Bank of Japan (BOJ) Deputy Governor Himeno provided insights into Japan's economic outlook, monetary policy, and regional economic conditions during a press conference and a speech in eastern Hokkaido on September 2, 2025. Given the next Monetary Policy Meeting taking place on September 18 & 19, 2025, we
interest rates
Takeshi Ueno, Chief Economist at the NLI Research Institute, published an update to his interest rate outlook this past week. The report analyzes the recent surge in Japan's long-term interest rates (10-year JGB yield) and provides a forecast for the coming 18 months. The key argument
bank of japan
As the Bank of Japan has now completed the sale of single stocks it purchased from banks as part of its financial system stabilization measures, the focus is shifting towards an exit strategy for the holdings of exchange-traded funds (ETFs) purchased under the large-scale monetary easing. For this
CBDC
The Bank of Japan has published the minutes from the 9th meeting of the Central Bank Digital Currency (CBDC) Liaison Council on June 4, 2025. The meeting covered discussions about: * Progress updates from the Bank of Japan on CBDC pilot experiments and international developments * Key concerns from various financial industry
banking
Natixis Corporate & Investment Banking (CIB) announced the establishment of its banking branch in Japan from July 1, 2025. The banking license will enhance Natixis CIB’s service offering in Japan, enabling its Natixis Tokyo Branch to provide a broader range of financial services for clients. Natixis Tokyo Branch has
central bank
Pursuant to Article 54 of the Bank of Japan Act, the Bank of Japan submits the "Report on Currency and Monetary Control" to the Diet twice a year. The contents of the report are as follows: * Economic and financial situation * Monetary Policy Conduct and Monetary Policy Tools * Content