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The Bank of Japan is coordinating policy with the Japanese government. That...
The Bank of Japan made a blockbuster announcement overnight, saying that after nearly two decades of economic stagnation and falling prices, it is aiming for 2 percent inflation and will print more yen...
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This is what a currency war looks like
This morning (early afternoon Frankfurt time), Mario Draghi, the president of the European Central Bank, took his seat in front of gathered reporters and took questions. Among other things, he said...
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Why Japan is the most interesting story in global economics right now
Through the last six years of rumbling global financial crisis, Japan has been an afterthought. In 2008, the world’s second-largest (soon to be third-largest) economy was still dealing with the...
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The mystery of Ben Bernanke and the Japanese ketchup is solved!
In my book about central banking, I report on a minor mystery involving the current chairman of the Federal Reserve, ketchup and the Bank of Japan. I now think it is solved. Flashback a decade. In the...
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Why financial markets are shrugging off Greece
Eugene Hoshiko/AP Not even a default by a rich European nation could knock stock markets off track for long. A day after Greece missed a critical debt payment to the International Monetary Fund,...
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