BOJ Gets New Policy Board Member in Junko Koeda
Japan’s lower house of parliament, on Friday, approved the government’s nominee for the Central Bank’s policy board. The government of Japan backed Junko Koeda for being the latest member of the policy board of BOJ. Koeda is an academic known popularly as a fiscal and monetary hawk. Koeda is a
Bank of Japan Set to Create New Record with Rate Hike
In recent events, Reuters mentioned that the Bank of Japan (BOJ) is expected to increase interest rates to record-high levels in the last 17 years when US President-elect Donal Trump takes office. This move will lift the borrowing cost in Japan to record high levels since the 2008 financial crisis.
