What to expect from the first academic economist to be BOJ governor
Kazuo Ueda's distance from the BOJ is seen as a plus when it comes to unraveling the central bank's ultraeasy policy, but that process will still be far from easy.
Slower Fed hikes spell relief from Tokyo to Buenos Aires
A slowdown in the pace takes pressure off global peers to keep on raising rates and offers relief to emerging markets.
From bad to worse? Next year’s economic risks are already here.
History says the Federal Reserve’s high-speed interest-rate hikes may well tip the U.S. into recession in 2023. Few will be surprised if spiraling natural-gas prices do the same for Europe.
Japan’s intervention underlines its interest rate isolation
The yen is paying the price for the Bank of Japan’s ultraeasy monetary stance. Until the bank shifts, a sustained rally is very difficult.
Fed minutes may reveal inclinations on size of next rate hike
Are further rate hikes likely to be of smaller incremental size, or is the door really open to something larger?
Russia unplugs foes, rewards friends in latest market reboot
The plan will focus on mobilizing capital at home while catering to places the Kremlin considers friendly.
The end of the EU’s free lunch
The Keynesian demand policy to stimulate economic activity will merely fuel inflation, for which the ECB will rightly be blamed if it keeps buying government bonds.
Fed officials say rates likely to rise into next year to curb inflation
Two U.S. Federal Reserve officials have responded to softening inflation data by saying it doesn’t change the U.S. central bank’s path toward even higher interest rates this year and next.
Bank of Japan keeps easing policies in place, reaffirming position as global outlier
The decision by the central bank was widely expected among economists, as long-time Gov. Haruhiko Kuroda has shown no sign of departing from his dovish policy.
Boris Johnson leaves behind a sterling mess
Investors appear to view the British pound more like the currency of a troubled emerging market than of a stable advanced economy.
Abe’s greatest economic policy legacy is looking careworn
The former premier knew what he wanted from monetary stimulus and the person to get him there: BOJ Gov. Kuroda. But does Japan still support those policies?
