Masahiro Hidaka

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

Weak yen puts Japan at risk of recession, says ex-BOJ deputy

Sep 22, 2014

Weak yen puts Japan at risk of recession, says ex-BOJ deputy

Japan is in danger of falling into a recession as the yen’s decline reduces the purchasing power of households and squeezes corporate profits, according to a former deputy governor of the Bank of Japan. “The current yen weakness is slightly excessive,” Kazumasa Iwata, the ...

BOJ holds course as analysts delay action calls

Jun 13, 2014

BOJ holds course as analysts delay action calls

The Bank of Japan on Friday raised its view of overseas economies while maintaining unprecedented stimulus launched as part of BOJ Gov. Haruhiko Kuroda’s bid to stoke 2 percent inflation in two years. The central bank will continue to expand the monetary base at ...

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 ...

May 1, 2014

Assured BOJ foils analysts' predictions

The confidence that Bank of Japan officials are demonstrating in achieving their inflation target is lowering the chances of additional monetary easing this year even as the economy weakens. Consumer prices excluding fresh food but not energy will increase 1.9 percent in the fiscal ...

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 ...

Higher prices risk 'Abenomics' backlash

| Apr 14, 2014

Higher prices risk 'Abenomics' backlash

Prime Minister Shinzo Abe’s bid to vault Japan out of 15 years of deflation risks losing public support by spurring too much inflation too quickly as companies add extra price increases to this month’s sales tax bump. Businesses from Suntory Beverage and Food Ltd. ...

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 ...