The Bank of Japan(日本銀行,Nippon Ginkō, BOJ, JASDAQ:8301) is the central bank of Japan. The Bank is often called Nichigin(日銀) for short. It has its headquarters in Chūō, Tokyo.
History
Like most modern Japanese institutions, the Bank of Japan was founded after the Meiji Restoration. Prior to the Restoration, Japan's feudal fiefs all issued their own money, hansatsu, in an array of incompatible denominations, but the New Currency Act of Meiji 4 (1871) did away with these and established the yen as the new decimal currency, which had parity with the Mexican silver dollar. The former han (fiefs) became prefectures and their mints became private chartered banks which, however, initially retained the right to print money. For a time both the central government and these so-called "national" banks issued money. A period of unanticipated consequences was ended when the Bank of Japan was founded in Meiji 15 (October 10, 1882), under the Bank of Japan Act 1882 (June 27, 1882), after a Belgian model. It has since been partly privately owned (its stock is traded over the counter, hence the stock number). A number of modifications based on other national banks were encompassed within the regulations under which the bank was founded. The institution was given a monopoly on controlling the money supply in 1884, but it would be another 20 years before the previously issued notes were retired.
The Japan Pavilion is one of the original World Showcase pavilions and had been in planning since the late 1970s. Many attractions have been proposed for the pavilion and one show building was built, but left unused. Meet the World was one planned attraction and was a clone of the attraction Meet the World that was once at Tokyo Disneyland. But because management thought that the Japanese film's omission of World War II might upset many Veterans, it was dropped. The show was so close to opening that the show building and rotating platform was built, but not used.
For years, Imagineers have considered building an indoor roller coaster attraction based on Matterhorn Bobsleds from Disneyland but themed to Japan's Mount Fuji inside a replica of Mount Fuji. At one point, Godzilla or a large lizard attacking guests in their cars was considered. Fujifilm originally wanted to sponsor the ride in the early 1990s, but Kodak, a major Epcot sponsor, convinced Disney to decline the sponsorship. Luckily, the Matterhorn derived design elements survived to be incorporated into Expedition Everest at Disney's Animal Kingdom Park. Another proposed attraction was a walk-through version of "Circle-Vision", in which guests would board and walk through a Shinkansen (bullet train) and look through windows (actually film screens) that showcase Japan's changing landscapes. The train would have shaken and moved like a train traveling through the countryside.
Part III of the book has the account of Lemuel Gulliver's visit to Japan, the only real location visited by him. It is used as a venue for Swift's satire on the actions of Dutch traders to that land. His description reflects the state of European knowledge of the country in the 17th and early 18th centuries, and the tensions due to commercial rivalry between the English and the Dutch at that time.
Description
Japan is shown on the map at the beginning of part III, which also shows the island of "Yesso" (i.e. Hokkaido), "Stats island" (Iturup) and "Companys Land" (Urup) to the north. The map also marks the Vries Strait and Cape Patience, though this is shown on the northeast coast of Yesso, rather than as part of Sakhalin, which was little known in Swift’s time.
On the island of Japan itself the map shows "Nivato" (Nagato), Yedo, "Meaco" (Kyoto), Inaba and "Osacca" (Osaka)
The text describes Gulliver's journey from Luggnagg, which took fifteen days, and his landing at "Xamoschi" (i.e. Shimosa} which lies "on the western part of a narrow strait leading northward into a long arm of the sea, on the northwest part of which Yedo, the metropolis stands".
This description matches the geography of Tokyo Bay, except that Shimosa is on the north, rather than the western shore of the bay.
Is the Bank of Japan at a Turning Point? | Presented by CME Group
The Bank of Japan is the subject of keen market attention as it heads into this week’s monetary policy meeting. With inflation inching upward and labor unions securing the largest domestic wage rises in decades, will the Bank finally make a convincing break with its era of negative interest rates? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/video-series.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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published: 31 Jul 2024
Bank of Japan Raises Interest Rates for Second Time Since 2007
The Bank of Japan raised its benchmark interest rate and unveiled plans to halve its bond purchases on Wednesday. The BOJ increased its policy rate to around 0.25% from a range of 0 to 0.1%, and said it would reduce its monthly pace of bond buying to around ¥3 trillion ($19.6 billion) in the first quarter of 2026. Shery Ahn reports from Tokyo on Bloomberg Television.
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published: 31 Jul 2024
Bank of Japan surprises markets with new interest rate hike | REUTERS
The Bank of Japan raised interest rates in a mostly unexpected move and unveiled a detailed plan to slow its massive bond buying, taking another step towards phasing out a decade of huge stimulus.
#News #bankofjapan #boj #japan #japaneconomy #interestratehike #globaleconomy #Reuters #Newsfeed
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published: 31 Jul 2024
Bank of Japan raises benchmark interest rate
Japan's central bank has raised its benchmark interest rate to around 0.25% from it previous range of 0% to 0.1% and outlined its plan to taper its bond buying program.
published: 31 Jul 2024
Japan's Crisis Is Spreading To The World
Central banks don't hike rates during a recession. Or do they? The Bank of Japan just did and for the second time. By doing it, BoJ is laying itself bare; both in terms of transparently acting politically and maybe more important exposing the lie about interest rate policies. Peter Pan is not happy.
Eurodollar University's Money & Macro Analysis
Bank of Japan Change in the Guideline for Money Market Operations and Decision on the Plan
for the Reduction of the Purchase Amount of Japanese Government Bonds
https://www.boj.or.jp/en/mopo/mpmdeci/mpr_2024/k240731a.pdf
Nikkei Bank of Japan raises interest rate to 0.25%, open to further hike this year
https://asia.nikkei.com/Economy/Bank-of-Japan/Bank-of-Japan-raises-interest-rate-to-0.25-open-to-further-hike-this-year
Japan Times Bank of Ja...
published: 31 Jul 2024
Goldman: Expect the Bank of Japan to upgrade their inflation outlook
Tomohiro Ota, Senior Japan Economist at Goldman Sachs, discusses the Bank of Japan's monetary policy decision this week. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g
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published: 30 Jul 2024
Must-Sees on the Bank of Japan's Head Office Tours (First Floor)
For details, visit the Bank's website :https://www.boj.or.jp/en/announcements/education/ouchi.htm
published: 28 May 2021
Market LIVE Updates: Nifty Around 24,050, Sensex Plunges 2,300 pts; Rupee at Record Low | Nikkei
Stock Market LIVE Updates | Nifty & Sensex Live | Aug 2nd | Business News Live | CNBC TV18 LIVE
US Stock futures are deep in the red on Sunday evening local time after a brutal sell-off last week pushed the Nasdaq Composite into "Correction" territory.
Futures of the Dow Jones Industrial Average are trading with losses of over 400 points, while the the September futures of the Nasdaq 100 are also trading with cuts of over 2%.
Both the Nasdaq and the S&P 500 posted their third straight weekly loss. Even the Dow Jones, which had been an outperformer, owing to the rotation out of Megacap tech names, fell over 2% for the week, snapping a four-week gaining streak.
The domestic equity market indices, Sensex and Nifty 50, are expected to open lower today following a sharp sell-off in global mark...
published: 05 Aug 2024
Japan's market rally is going through a 'transitional phase': Goldman Sachs
Bruce Kirk, chief Japan equity strategist at Goldman Sachs, discusses the Bank of Japan's hawkish pivot and the outlook for the country's market.
The Bank of Japan is the subject of keen market attention as it heads into this week’s monetary policy meeting. With inflation inching upward and labor unions s...
The Bank of Japan is the subject of keen market attention as it heads into this week’s monetary policy meeting. With inflation inching upward and labor unions securing the largest domestic wage rises in decades, will the Bank finally make a convincing break with its era of negative interest rates? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/video-series.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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The Bank of Japan is the subject of keen market attention as it heads into this week’s monetary policy meeting. With inflation inching upward and labor unions securing the largest domestic wage rises in decades, will the Bank finally make a convincing break with its era of negative interest rates? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/video-series.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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The Bank of Japan raised its benchmark interest rate and unveiled plans to halve its bond purchases on Wednesday. The BOJ increased its policy rate to around 0....
The Bank of Japan raised its benchmark interest rate and unveiled plans to halve its bond purchases on Wednesday. The BOJ increased its policy rate to around 0.25% from a range of 0 to 0.1%, and said it would reduce its monthly pace of bond buying to around ¥3 trillion ($19.6 billion) in the first quarter of 2026. Shery Ahn reports from Tokyo on Bloomberg Television.
Sign up for the Economics Daily newsletter to discover what's driving the global economy and what it means for policy makers, businesses, investors and you: https://bloom.bg/4535pfS
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The Bank of Japan raised its benchmark interest rate and unveiled plans to halve its bond purchases on Wednesday. The BOJ increased its policy rate to around 0.25% from a range of 0 to 0.1%, and said it would reduce its monthly pace of bond buying to around ¥3 trillion ($19.6 billion) in the first quarter of 2026. Shery Ahn reports from Tokyo on Bloomberg Television.
Sign up for the Economics Daily newsletter to discover what's driving the global economy and what it means for policy makers, businesses, investors and you: https://bloom.bg/4535pfS
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The Bank of Japan raised interest rates in a mostly unexpected move and unveiled a detailed plan to slow its massive bond buying, taking another step towards ph...
The Bank of Japan raised interest rates in a mostly unexpected move and unveiled a detailed plan to slow its massive bond buying, taking another step towards phasing out a decade of huge stimulus.
#News #bankofjapan #boj #japan #japaneconomy #interestratehike #globaleconomy #Reuters #Newsfeed
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The Bank of Japan raised interest rates in a mostly unexpected move and unveiled a detailed plan to slow its massive bond buying, taking another step towards phasing out a decade of huge stimulus.
#News #bankofjapan #boj #japan #japaneconomy #interestratehike #globaleconomy #Reuters #Newsfeed
Read the story here: https://reut.rs/4fqJbsY
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Japan's central bank has raised its benchmark interest rate to around 0.25% from it previous range of 0% to 0.1% and outlined its plan to taper its bond buying ...
Japan's central bank has raised its benchmark interest rate to around 0.25% from it previous range of 0% to 0.1% and outlined its plan to taper its bond buying program.
Japan's central bank has raised its benchmark interest rate to around 0.25% from it previous range of 0% to 0.1% and outlined its plan to taper its bond buying program.
Central banks don't hike rates during a recession. Or do they? The Bank of Japan just did and for the second time. By doing it, BoJ is laying itself bare; both ...
Central banks don't hike rates during a recession. Or do they? The Bank of Japan just did and for the second time. By doing it, BoJ is laying itself bare; both in terms of transparently acting politically and maybe more important exposing the lie about interest rate policies. Peter Pan is not happy.
Eurodollar University's Money & Macro Analysis
Bank of Japan Change in the Guideline for Money Market Operations and Decision on the Plan
for the Reduction of the Purchase Amount of Japanese Government Bonds
https://www.boj.or.jp/en/mopo/mpmdeci/mpr_2024/k240731a.pdf
Nikkei Bank of Japan raises interest rate to 0.25%, open to further hike this year
https://asia.nikkei.com/Economy/Bank-of-Japan/Bank-of-Japan-raises-interest-rate-to-0.25-open-to-further-hike-this-year
Japan Times Bank of Japan delivers one-two punch few were expecting
https://www.japantimes.co.jp/business/2024/07/31/economy/boj-rates/
Wall Street Journal Bank of Japan Raises Rates, Driving Up Yen
https://www.wsj.com/economy/central-banking/bank-of-japan-hikes-rates-tapers-bond-buying-in-fresh-step-to-policy-normalization-bc8c33fb
Bloomberg Japan’s Central Bank Hikes Key Rate Hours Before the Fed
https://www.bloomberg.com/news/articles/2024-07-31/boj-hikes-interest-rate-unveils-plan-to-cut-back-bond-buying
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
Central banks don't hike rates during a recession. Or do they? The Bank of Japan just did and for the second time. By doing it, BoJ is laying itself bare; both in terms of transparently acting politically and maybe more important exposing the lie about interest rate policies. Peter Pan is not happy.
Eurodollar University's Money & Macro Analysis
Bank of Japan Change in the Guideline for Money Market Operations and Decision on the Plan
for the Reduction of the Purchase Amount of Japanese Government Bonds
https://www.boj.or.jp/en/mopo/mpmdeci/mpr_2024/k240731a.pdf
Nikkei Bank of Japan raises interest rate to 0.25%, open to further hike this year
https://asia.nikkei.com/Economy/Bank-of-Japan/Bank-of-Japan-raises-interest-rate-to-0.25-open-to-further-hike-this-year
Japan Times Bank of Japan delivers one-two punch few were expecting
https://www.japantimes.co.jp/business/2024/07/31/economy/boj-rates/
Wall Street Journal Bank of Japan Raises Rates, Driving Up Yen
https://www.wsj.com/economy/central-banking/bank-of-japan-hikes-rates-tapers-bond-buying-in-fresh-step-to-policy-normalization-bc8c33fb
Bloomberg Japan’s Central Bank Hikes Key Rate Hours Before the Fed
https://www.bloomberg.com/news/articles/2024-07-31/boj-hikes-interest-rate-unveils-plan-to-cut-back-bond-buying
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
Tomohiro Ota, Senior Japan Economist at Goldman Sachs, discusses the Bank of Japan's monetary policy decision this week. For access to live and exclusive video ...
Tomohiro Ota, Senior Japan Economist at Goldman Sachs, discusses the Bank of Japan's monetary policy decision this week. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g
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Tomohiro Ota, Senior Japan Economist at Goldman Sachs, discusses the Bank of Japan's monetary policy decision this week. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g
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Stock Market LIVE Updates | Nifty & Sensex Live | Aug 2nd | Business News Live | CNBC TV18 LIVE
US Stock futures are deep in the red on Sunday evening local tim...
Stock Market LIVE Updates | Nifty & Sensex Live | Aug 2nd | Business News Live | CNBC TV18 LIVE
US Stock futures are deep in the red on Sunday evening local time after a brutal sell-off last week pushed the Nasdaq Composite into "Correction" territory.
Futures of the Dow Jones Industrial Average are trading with losses of over 400 points, while the the September futures of the Nasdaq 100 are also trading with cuts of over 2%.
Both the Nasdaq and the S&P 500 posted their third straight weekly loss. Even the Dow Jones, which had been an outperformer, owing to the rotation out of Megacap tech names, fell over 2% for the week, snapping a four-week gaining streak.
The domestic equity market indices, Sensex and Nifty 50, are expected to open lower today following a sharp sell-off in global markets.
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Stock Market LIVE Updates | Nifty & Sensex Live | Aug 2nd | Business News Live | CNBC TV18 LIVE
US Stock futures are deep in the red on Sunday evening local time after a brutal sell-off last week pushed the Nasdaq Composite into "Correction" territory.
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Both the Nasdaq and the S&P 500 posted their third straight weekly loss. Even the Dow Jones, which had been an outperformer, owing to the rotation out of Megacap tech names, fell over 2% for the week, snapping a four-week gaining streak.
The domestic equity market indices, Sensex and Nifty 50, are expected to open lower today following a sharp sell-off in global markets.
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The Bank of Japan is the subject of keen market attention as it heads into this week’s monetary policy meeting. With inflation inching upward and labor unions securing the largest domestic wage rises in decades, will the Bank finally make a convincing break with its era of negative interest rates? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/video-series.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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The Bank of Japan raised its benchmark interest rate and unveiled plans to halve its bond purchases on Wednesday. The BOJ increased its policy rate to around 0.25% from a range of 0 to 0.1%, and said it would reduce its monthly pace of bond buying to around ¥3 trillion ($19.6 billion) in the first quarter of 2026. Shery Ahn reports from Tokyo on Bloomberg Television.
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The Bank of Japan raised interest rates in a mostly unexpected move and unveiled a detailed plan to slow its massive bond buying, taking another step towards phasing out a decade of huge stimulus.
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Japan's central bank has raised its benchmark interest rate to around 0.25% from it previous range of 0% to 0.1% and outlined its plan to taper its bond buying program.
Central banks don't hike rates during a recession. Or do they? The Bank of Japan just did and for the second time. By doing it, BoJ is laying itself bare; both in terms of transparently acting politically and maybe more important exposing the lie about interest rate policies. Peter Pan is not happy.
Eurodollar University's Money & Macro Analysis
Bank of Japan Change in the Guideline for Money Market Operations and Decision on the Plan
for the Reduction of the Purchase Amount of Japanese Government Bonds
https://www.boj.or.jp/en/mopo/mpmdeci/mpr_2024/k240731a.pdf
Nikkei Bank of Japan raises interest rate to 0.25%, open to further hike this year
https://asia.nikkei.com/Economy/Bank-of-Japan/Bank-of-Japan-raises-interest-rate-to-0.25-open-to-further-hike-this-year
Japan Times Bank of Japan delivers one-two punch few were expecting
https://www.japantimes.co.jp/business/2024/07/31/economy/boj-rates/
Wall Street Journal Bank of Japan Raises Rates, Driving Up Yen
https://www.wsj.com/economy/central-banking/bank-of-japan-hikes-rates-tapers-bond-buying-in-fresh-step-to-policy-normalization-bc8c33fb
Bloomberg Japan’s Central Bank Hikes Key Rate Hours Before the Fed
https://www.bloomberg.com/news/articles/2024-07-31/boj-hikes-interest-rate-unveils-plan-to-cut-back-bond-buying
https://www.eurodollar.university
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The Bank of Japan(日本銀行,Nippon Ginkō, BOJ, JASDAQ:8301) is the central bank of Japan. The Bank is often called Nichigin(日銀) for short. It has its headquarters in Chūō, Tokyo.
History
Like most modern Japanese institutions, the Bank of Japan was founded after the Meiji Restoration. Prior to the Restoration, Japan's feudal fiefs all issued their own money, hansatsu, in an array of incompatible denominations, but the New Currency Act of Meiji 4 (1871) did away with these and established the yen as the new decimal currency, which had parity with the Mexican silver dollar. The former han (fiefs) became prefectures and their mints became private chartered banks which, however, initially retained the right to print money. For a time both the central government and these so-called "national" banks issued money. A period of unanticipated consequences was ended when the Bank of Japan was founded in Meiji 15 (October 10, 1882), under the Bank of Japan Act 1882 (June 27, 1882), after a Belgian model. It has since been partly privately owned (its stock is traded over the counter, hence the stock number). A number of modifications based on other national banks were encompassed within the regulations under which the bank was founded. The institution was given a monopoly on controlling the money supply in 1884, but it would be another 20 years before the previously issued notes were retired.
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