The rate-cutting cycle is unlikely to be a smooth ride down
Bank of Japan’s interest rate increase catches Tokyo market by surprise
Tacit acknowledgment of this by the country’s central bank signals a shift to more honest thinking
Even before the rate rises, Japanese lender profits have been improving on fatter loan margins and expanding total assets
Japanese central bank plans to halve monthly bond purchases as it tightens monetary policy
Traders braced for further volatility in currency ahead of knife-edge Bank of Japan meeting
Yen weakens after Japanese central bank delays releasing details on plans to trim balance sheet
Currency’s slide towards 34-year lows resumes as finance ministry reveals scale of market intervention
Investors have been increasing bets BoJ will raise interest rates further
The central bank has called time on its ETF buying but has yet to say what it will do with its massive investments
Government interventions this week fail to ease concerns about plunging currency
Central bank data all but confirms Monday’s market intervention, as currency resumes slide against US dollar
Governor Kazuo Ueda says weakening currency is having ‘no major impact’ on underlying inflation
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates era
Market Questions is the FT’s guide to the week ahead
Escaping the ouroboros
Finance minister says government will ‘not rule out any steps against any excessive moves’
Last week’s monetary policy moves mark a shift away from strict inflation targeting
International investors and foreign governments have used the currency as a reliable vehicle for low-cost borrowing
Closing a monetary cabinet of curiosities
With financial risks lurking, Governor Ueda must maintain his cautious approach
Central bank raises borrowing costs for the first time since 2007 in a historic shift
Also in today’s newsletter, Hong Kong passes tough new security law and Adani Green ‘aware’ of US anti-graft probe into third party
Moving interest rates closer to the central bank’s 2% inflation target could take much longer than expected
Milestone return to positive interest rates is only the beginning
