Central Banks

Further comments by BOJ governor Kuroda That is if momentum towards 2% inflation target weakens Will continue with powerful monetary easing persistently Mentioning timeframe could lead to misunderstanding related to policy Inflation likely to hit 2% around fiscal year 2019 Outlook entails some certain uncertainties in general Didn’t erase timeframe due to worries about having
Draghi press conference opening statement April 26, 2018: Has confidence inflation will converge with target Core inflation yet to show a convincing sign of upward trend Underlying inflation subdued Latest indicators suggest a moderation in the pace of growth since the start of the year Temporary factors could be at work in moderation Growth expected
The European Central Bank announces its monetary policy decision for April 2018 Prior decision Main refinancing rate 0.00% Marginal lending facility 0.25% Deposit facility -0.40% Monthly asset purchases €30 billion Full statement below: At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest
Christopher Kent, Reserve Bank of Australia Assistant Governor (Financial Markets) speaking on The Limits of Interest-only Lending says around A$480 bln interest only loans to expire by 2021 most borrowers have managed transition from IO loans reasonably well  share of borrowers who cannot afford step-up in payments is small  some interest-only borrowers will be willing
Japan press: Bank of Japan shows signs of Coming Up! Title text for next article This via Nikkei over the weekend, on the bojjBank of Japan ETF buys  The Bank of Japan is quietly tapering its purchases of Japanese government bonds … Some surmise that the BOJ