by TOKYO — Last week, the Bank of Japan demonstrated that it has no less than one massive factor in frequent with the U.S. Federal Reserve. Both central banks are having issue making themselves understood.
The BOJ’s present spherical of communication troubles dates again to Dec. 20 when it allowed rates of interest to go increased in a shock transfer, sparking a rally in the yen and in the shares of main banks and insurers that would revenue from increased yields.
