Masahiro Hidaka

For Masahiro Hidaka's latest contributions to The Japan Times, see below:

Jun 12, 2014

Big BOJ balance sheet may be inflation target's legacy

Bank of Japan officials are considering maintaining a large balance sheet for the central bank even after it achieves its inflation target, reducing the risk of a surge in long-term bond yields, sources said. Under the potential strategy, the BOJ would use cash from ...

BOJ said worried by bond traders' ignoring of inflation

Apr 25, 2014

BOJ said worried by bond traders' ignoring of inflation

Bank of Japan officials are increasingly concerned the nation’s bond market is failing to reflect emerging inflation, raising the risk of a sudden surge in yields, sources said. Japan’s benchmark 10-year government bonds yield 0.615 percent, little changed from March 2013, even after a ...

Apr 23, 2014

BOJ will not buy bonds indefinitely

Bank of Japan Gov. Haruhiko Kuroda has said the BOJ will not buy bonds just to keep down the government’s debt-servicing costs after it achieves its goal of stable 2 percent inflation. “If we reach our target and prices are stable, we have no ...

Nov 5, 2013

BOJ struggles to convince on 2% as 'Abenomics' shine dims

Half a year after Bank of Japan Gov. Haruhiko Kuroda unleashed record monetary easing, economists see the bank failing to meet its inflation target, underscoring the case for stronger steps to revive the economy. While the median estimate of BOJ Policy Board members released ...

Mar 13, 2010

BOJ looks to expand balance sheet

The Bank of Japan may seek next week to counter a contraction of its balance sheet caused by the monthend expiration of an emergency-credit program and persistent deflation. The BOJ’s options include expanding a ¥10 trillion fund providing loans to banks, according to two ...