Wednesday, March 21, 2007

Standing Fast

by Claus VistesenHardly any economist or analyst battered an eyelid when the BOJ chose yesterday to hold the main interest rate at 0.5%. Indeed much of the recent data coming out Japan (and here) recently point to considerable risk of Japan slipping into deflation in 2007 and on that note most economists (including yours truly) expect the BOJ to be in a holding mode for the time being especially

Friday, March 2, 2007

Please Take Note

by Claus Vistesen My regular postings and data watching from the Eurozone and Japan have been somewhat absent as of late. However, I am going to take it up again now and I will begin with Japan. There are many aspects here and one of them is of course the recent rate hike in the overnight lending rate from 0.25% to 0.50% where Edward so eloquently reminded us to look to the past in order