image of japanese notes and US dollar bills

Yen Flies, Dollar Dives

One of the intended consequences of a country adopting a Negative Interest Rate Policy (NIRP) is a sharply lower domestic currency, which usually is considered a positive as it stimulates a regions growth and inflation expectations. So when, in late January, Bank of Japan (BoJ) Governor Haruhiko Kuroda shocked the markets by introducing negative rates […]

image of man in london

Thats LISA with a P!

Leading up to the Budget there were endless articles, commentary and sometimes heated debate over the Chancellors intentions with regard to pensions and in particular tax relief. On the day though, there was hardly a mention of the ˜P word other than some much needed amendments to badly drafted sections of the last Pensions Act. […]