Japan
Lagarde at G7 meeting: ‘I always worry’ about bond markets
Leaders meet to discuss Middle East conflict, global imbalances
BIS announces board changes
Panetta elected chair, plus new roles for heads of RBA, BCB, BoJ and BoK
People: Macron nominates ex-chief of staff to take over at BdF
Plus: BoJ appoints new head of international affairs, and MNB deputy joins EBA board
BoJ mulled rate hike at March meeting if Iran war dragged on
Minutes show many board members cautioned against monetary response to energy shock
Japan suspected to have intervened again after yen jumps
Experts say currency would not automatically lose free-floating status with further FX interventions
Asean+3 to prioritise digital cross-border payment co-operation
Group looking to open joint forum on tokenisation and stablecoins
Japan’s government reportedly intervenes in FX market
First intervention in nearly two years after yen fell to weakest level since July 2024
Thailand holds policy as expected
BoT says Middle East conflict has had direct impact on domestic growth
BoJ holds rates and halves growth forecast
Three dissenting votes mark largest split under Ueda, who points to ‘significantly’ higher inflation
Barry Eichengreen on the evolution of the global monetary order
The US monetary expert speaks to Thomas Chow about similarities between the dollar and 18th century Dutch money and why Washington has bet on the ‘wrong horse’ with private stablecoins
Oil shock makes it harder to formulate monetary policy – Ueda
BoJ governor pledges to monitor data to ‘last minute’ before next rate decision
‘Plaza accord 2.0’ will not fix global imbalances – IMF panel
But getting China and US to implement other necessary remedies will be challenging, speakers say
Exporters to US paying only 5% of Trump’s tariffs – ECB research
Data shows stateside consumers bearing brunt of costs from levies on imports
As new gauge puts CPI above 2%, is BoJ prepping for a hike?
Revised data shows price growth at a level the bank said would trigger tightening
For collateral, can TINA become TIA?
US Treasuries’ dominance as collateral in repo and derivatives is no longer set in stone, argues economist
BoJ holds as Middle East conflict threatens higher inflation
Ueda says Japanese firms could pass on costs ‘more aggressively’ than after start of Ukraine war
BoJ bond holdings peaked at 77% between 2015 and 2024
Researchers find central bank’s debt holdings had non-linear impact on market liquidity
Asian central banks prepare for conflict-induced energy shock
IMF’s Georgieva says Iran war creates energy and confidence risks for most of region
BoJ’s path to normalisation less certain with Iran conflict
Ueda suggests rate hikes will continue, but analysts point to a range of possible scenarios
Ueda hints at further rate hikes after dovish BoJ appointments
Analysts expect board’s stance to change little after PM nominates two new policy-makers
Monetary policy in Asia since the pandemic
Asean+3 nations must plan to tackle ‘disturbance’, ‘structural’ and ‘radical’ uncertainty using a disciplined policy mix to preserve price stability amid global shocks, writes Dong He