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Ex-official warns BOJ against using digital yen to juice policy

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  Bloomberg The Bank of Japan (BOJ) shouldn’t view the issuing of a digital currency as a monetary policy option as doing so could severely damage the economy, according to a former BOJ official who led research into digital money. “Some say that negative interest rates could work more effectively with a digital currency, but I don’t think so,” said ...

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Deutsche Bank sees deeper selloff in US stocks, boosts China call

Deutsche bank to announce financial results for 2017

  Bloomberg Deutsche Bank AG is betting the diverging policy paths between the Federal Reserve and the People’s Bank of China will result in US equities correcting further and China’s getting a boost, joining several other Wall Street banks in making the call. The German lender’s international private banking unit downgraded US equities to neutral from overweight last week, scrapping ...

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Polish central bank to welcome stronger zloty

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  Bloomberg A stronger zloty would amplify the impact of Polish interest-rate increases, central bank Governor Adam Glapinski said, pledging to do whatever it takes to drive down spiraling inflation. “Today, the appreciation of the exchange rate would support monetary tightening and would be consistent with the direction of the central bank’s actions,” he said in response to questions from ...

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