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Kuroda's negative rate surprise shocked his own BOJ board, minutes show
The Bank of Japan's shock introduction of negative rates in 2016 drew intense criticism from within the board with some blasting it as half-baked and a risky move that could trigger a currency war with Europe, policy meeting minutes showed on Wednesday. The decision, which was approved by a 5-4 vote, highlighted the resistance former BOJ chief Haruhiko Kuroda faced in pushing the limits of monetary policy and the fragmentation that emerged in the board in battling economic headwinds. After massive asset buying failed to fire up inflation, the BOJ unexpectedly cut a benchmark interest rate below zero in January 2016 ... (full story)
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Jul 14, 2026 8:54pm
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Today, Board members discussed economic and financial developments and issues related to possible policy actions. In connection with this discussion, Board members considered discounts and advances made under the primary credit program (the primary credit rate) and discussed, on a preliminary basis, their individual assessments of the appropriate rate and ...
US CENTCOM: : AT 6 A.M. ET TODAY, U.S. CENTRAL COMMAND FORCES BEGAN LAUNCHING A WAVE OF STRIKES AGAINST IRAN. - RTRS $CL 
U.S. launches fresh wave of strikes on Iran, as analysts warn conflict risks becoming ‘forever war’ The U.S. launched a fresh round of strikes on Iran early Wednesday morning, hours after President Donald Trump warned military strikes would intensify next week if Tehran does not cooperate in peace talks. U.S. Central Command said in a post on X on Wednesday that it had begun launching a wave of strikes against Iran at 6 a.m. ET. “The strikes are designed to further degrade military capabilities Iranian forces have used to attack commercial shipping in the Strait of Hormuz,” it said. Centcom had carried out more strikes against Iran on Tuesday. Tehran, meanwhile, has launched attacks on multiple Gulf countries. In an interview with Fox News on Tuesday evening, Trump hinted that the conflict was more likely to intensify than de-escalate as a fragile ceasefire agreed last month continues to fracture.
U.S. launches fresh wave of strikes on Iran, as analysts warn conflict risks becoming ‘forever war’ The U.S. launched a fresh round of strikes on Iran early Wednesday morning, hours after President Donald Trump warned military strikes would intensify next week if Tehran does not cooperate in peace talks. U.S. Central Command said in a post on X on Wednesday that it had begun launching a wave of strikes against Iran at 6 a.m. ET. “The strikes are designed to further degrade military capabilities Iranian forces have used to attack commercial shipping in the Strait of Hormuz,” it said. Centcom had carried out more strikes against Iran on Tuesday. Tehran, meanwhile, has launched attacks on multiple Gulf countries. In an interview with Fox News on Tuesday evening, Trump hinted that the conflict was more likely to intensify than de-escalate as a fragile ceasefire agreed last month continues to fracture.
From ca.finance.yahoo.com | Jul 15, 2026
The Bank of Canada is set to deliver its fifth interest rate decision of the year this morning. Economists widely expect the central bank will remain on hold, keeping its policy rate at 2.25 per cent. Inflation has jumped above three per cent in recent months as higher oil prices from the Iran war sent gasoline costs skyrocketing over the spring. Officials ...
