Loose fiscal policy no longer makes sense now that Japan has escaped deflation
Markets have been on alert for government intervention in currency market
Japanese currency climbs sharply on speculation of joint US-Japan market intervention, adding to pressure on greenback
Japanese currency rises most since August after New York Fed queries market participants on price levels
Currency at lowest since July 2024 after finance minister expresses concern over ‘one-way’ weakening
Traders see higher potential for government intervention to support currency
Populists have criticised central banks’ use of the policy to stimulate economic growth
The massive bond purchases are being unwound at a time of fierce political criticism of the monetary authorities. The controversy could limit options in future crises
Rare joint statement with US Treasury seen as ‘green light’ for further currency intervention by Swiss central bank
Monetary authority sells US dollars to maintain trading band for local currency
Donald Trump ally Kevin Warsh says US central bank failed to contain worst inflationary bout in a generation
US central bank prepared to act with ‘various tools’, Susan Collins says
PBoC has allowed weakening in ‘fixing’ rate for the onshore currency for six consecutive sessions
The central bank will strain every sinew not to be seen to bail out Donald Trump
Beijing permits exchange rate to drop below long-defended level
Central bank intervenes in markets to ensure ‘stability’ of currency amid investor fears over cost of president’s policies
Central bank maintains benchmark interest rate at 5.75%
What size and shape should they be? Central banks are divided
Bank of Japan’s moves to shore up yen indicate consensus on such actions needs to be updated
A central bank communication strategy is vital if it is to achieve its aims
Actively unwinding the balance sheet could push the economy back into deflation
Policymakers are pondering the long term future of central bank balance sheets. Their ideas diverge
Markets push central bank for a weaker currency to reflect the gap in bond yields with the US
Currency slid past ¥160 a dollar before regaining strength in a matter of hours
Finance minister says government will ‘not rule out any steps against any excessive moves’
