Japan’s rates tweak is careful and crafty
Viewsroom
Reuters
4.4 • 58 Ratings
🗓️ 2 November 2023
⏱️ 13 minutes
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| 0:00.0 | The views expressed on this podcast are those of the participants, not Arroyd's news. Now, |
| 0:06.7 | I think more and the effect and the balance to the balance of there if the ICC's of |
| 0:21.6 | that is |
| 0:23.6 | that is |
| 0:24.6 | that was Bank of Japan |
| 0:27.6 | Governor |
| 0:28.6 | Azuo Uweida |
| 0:29.6 | warning back in May |
| 0:31.6 | that the central bank |
| 0:32.6 | may look to tighten monetary policy |
| 0:34.6 | This week Ueda made good on the promise, but with a flatlining economy |
| 0:39.1 | and very little inflation, caution makes sense. Well, what are the implications of the BOJ tightening, |
| 0:45.7 | just as other top central banks stall or ease rate hikes? Stay tuned for this week's Newsroom. |
| 0:52.8 | Welcome back to the Views, a podcast from Reuters' Reuters breaking views where columnists from around the world talk about the big stories of the week. |
| 0:59.8 | I'm your host, Amy Donnellin, coming to you from London. |
| 1:04.6 | Japan continues to be an outlier in its approach to ratcheting up interest rates. |
| 1:09.4 | This week, it tweaked its policy to allow higher |
| 1:12.6 | long-term interest rates. Its economy is flatlining, which explains the approach. But why is this top |
| 1:19.1 | central bank taking such a different tack? Here to talk to me about central banks more generally |
| 1:24.4 | is Peter Tal Larson, Global Head of Breaking Views, and Francesco Guerrera, |
| 1:29.2 | our global economics editor. |
| 1:35.9 | Welcome Peter and Francesco. |
... |
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