The Return of Interest Rates

The Return of Interest Rates

The Bank of Japan has decided at a monetary policy meeting to raise its short-term interest rate target to about 0.25%. This is the second increase this year. Bank of Japan Gov. Kazuo Ueda indicates the interest rate could be flexibly hiked in line with economic...
BOJ Starts New Digital Currency Trial

BOJ Starts New Digital Currency Trial

The Bank of Japan will start a new test on the feasibility of a central bank digital currency in April. The test will be joined by private-sector companies including payment service providers and financial institutions. The Japanese central bank kicked off the first...