There Is A Chink In The Armor

Tag: bank of japan

2 posts tagged as "bank of japan"

There Is A Chink In The Armor

In a post-crisis world, central bankers have been the super heroes swooping in to snatch potential victims from an unseemly fate. However, recent market activity suggests that some are starting to question the “super” powers central bankers really have.

It’s not all negative out there…

The Bank of Japan (BoJ) gave a boost to the market’s animal spirits with an unanticipated cut to the deposit rate on excess cash held above required reserves to a negative interest rate.