BEAMSTART Logo

Analysis:BOJ to bid farewell to stimulus era, justify rate hikes in policy review

Channel News Asia LogoChannel News Asia3h ago

Analysis:BOJ to bid farewell to stimulus era, justify rate hikes in policy review - Channel News Asia

Quick Summary:

TOKYO : The Bank of Japan will release next month its findings on the pros and cons of the various unconventional monetary easing tools used in its 25-year battle with deflation, in another symbolic step towards ending its massive stimulus.

It will also highlight key flaws such as how the BOJ's huge asset buying and bond yield cap drained market liquidity, distorted asset pricing, eroded bank profitability and forced financial institutions to increase high-risk lending such as those to the property sector.

"We hope to provide material that will be useful in thinking about desirable monetary policy in the long run," BOJ Governor Kazuo Ueda told a news conference on Oct.31.


More Pictures

Analysis:BOJ to bid farewell to stimulus era, justify rate hikes in policy review - Channel News Asia (Picture 1)Analysis:BOJ to bid farewell to stimulus era, justify rate hikes in policy review - Channel News Asia (Picture 2)

or

Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 06:03:36 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 985 words

Reading Time: 6 minutes read

Sentences: 34 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 23678965

View Article Analysis

About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 49 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 22 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Analysis:BOJ to bid farewell to stimulus era, justify rate hikes in policy review" has 985 words across 34 sentences, which will take approximately 5 - 9 minutes for the average person to read.

Which news outlet covered this story?

The story "Analysis:BOJ to bid farewell to stimulus era, justify rate hikes in policy review" was covered 3 hours ago by Channel News Asia, a news publisher based in Singapore.

How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news.

The outlet is headquartered in Singapore and publishes an average of 49 news stories per day.

It's most recent story was published 22 minutes ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23678965
  • URL: https://beamstart.com/news/analysisboj-to-bid-farewell-to-17319680701457

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.