I’m Chris Anstey, a senior editor for economic policy in Boston, and today we’re looking at Japan’s stealth monetary-stimulus removal. Send us feedback and tips to ecodaily@bloomberg.net or tweet to @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here. One market participant on Friday, trying to make … Read more
The Federal Reserve, European Central Bank and Bank of Japan headlined a pivotal week for central banks, with US and European policymakers opting for additional interest-rate hikes. The Fed and ECB both lifted borrowing costs by a quarter of a percentage point while keeping options open for their next meetings in September. In Japan, the … Read more
Talk of Japan’s yield curve control rattles markets. Trump faces fresh charges in secret documents probe. What Tesla owners really think of Elon Musk. Here’s what you need to know today. The yen climbed against all major peers after a report that the Bank of Japan plans to discuss tweaking its yield curve control policy … Read more
Stock Market Today: Dow, S&P Live Updates for July 27 Bloomberg Source link
Wall Street shook off worries over the Bank of Japan policy tweak as another round of US data bolstered bets on the so-called Goldilocks scenario of an economy that’s neither running too hot nor too cold. The stock market powered ahead as key gauges of inflation showed further easing while Americans grew more optimistic about … Read more