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The pundits were certain quantitative easing was done when Kazuo Ueda took the helm at the Bank of Japan. ... Kuroda, after all, spent 10 years building up a titanically large BOJ balance sheet.
For years, mortgages in Japan have been nearly cost free. Homeowners are now bracing for that to change. Japan’s central bank had maintained benchmark interest rates near zero since the mid-1990s.
Hiroshima resident Yasuhiro Nanba, 86, can explain all the traces left behind by the 1945 atomic explosion on the building in the city that used to be a Bank of Japan branch.
In december the Bank of Japan (boj) gave speculators an opening. By lifting its cap on ten-year government bond yields from 0.25% to 0.5%, the central bank raised the prospect that it would ...
The Japanese national flag waves at the Bank of Japan building in Tokyo, Japan, on March 18. The Bank of Japan is expected to raise interest rates on Friday barring any market shocks when U.S ...