Grimes Deciphers Yen’s Financial Dance
Professor Grimes shared key insights on the Bank of Japan’s strategic move to raise interest rates, asserting that it marked the initial step toward Japanese monetary policy normalization. The article explores Grimes’ sequential approach, foreseeing Yield Curve Control easing, Quantitative Easing tapering, and the elimination of the Zero Interest Rate Policy.
Grimes Comments on U.S. Interest Rate Hikes & Global Exchange Rates
While the Federal Reserve will likely raise interest rates again, Professor Grimes argues that the cycle of monetary tightening is coming to an end. However, the Bank of Japan is not in a position to tighten its monetary policy. As a result, Grimes does not envision the dollar/yen exchange rate moving as much as people expect.
Keylor on NHK World on Trump’s Asia Policy
Prof. William Keylor discusses United States President Elect Donald Trump’s policy toward Asia.