The Kākā by Bernard Hickey
The Kākā by Bernard Hickey
Dawn Chorus: Bank of Japan ramps up printing again
0:00
-9:37

Paid episode

The full episode is only available to paid subscribers of The Kākā by Bernard Hickey

Dawn Chorus: Bank of Japan ramps up printing again

Japanese central bank pledges unlimited printing to keep its 10 year interest rate below 0.25%; NZ dollar jumps sharply vs yen; Shanghai lockdowns raise demand shock fears, which drag on oil price
10

TLDR & TLDL: Japan’s central bank unleashed a fresh wall of money printing to buy its Government bonds, which risks creating new waves of cash that bounce around the world to lift asset prices, including in Aotearoa-NZ as the ‘Japanese housewives and Belgian dentists’ return to buy NZ dollar bonds. See more in my analysis below.

The NZ dollar surged to a…

Listen to this episode with a 7-day free trial

Subscribe to The Kākā by Bernard Hickey to listen to this post and get 7 days of free access to the full post archives.