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56 sats \ 5 replies \ @grayruby OP 7 Aug \ parent \ on: BOJ Capitulating? econ
They are definitely pausing further rate hike plans but we will see if they full on capitulate.
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40 sats \ 3 replies \ @Undisciplined 7 Aug
Holding steady while everyone else cuts rates is similar to raising them yourself.
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44 sats \ 2 replies \ @Satosora 7 Aug
Well, I think they are thinking less is more at the moment. They did have a freefall on the yen, and the nikkei index.
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40 sats \ 1 reply \ @Undisciplined 7 Aug
I agree. It's sort of a two birds one stone situation.
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44 sats \ 0 replies \ @Satosora 7 Aug
For the moment, until another crisis takes off. Just give it a couple of weeks.
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20 sats \ 0 replies \ @Satosora 7 Aug
"The recent strengthening of the yen would affect the BOJ's policy decision because it reduces upward pressure on import prices, and therefore overall inflation." They just dont want to ruin a good thing. Now that the yen has "strengthened".
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