Shigeki Nozawa

For Shigeki Nozawa's latest contributions to The Japan Times, see below:

BOJ's CPI overhaul suggests bond-buying slowdown, analysts say

Jul 27, 2015

BOJ's CPI overhaul suggests bond-buying slowdown, analysts say

The Bank of Japan’s drive to change the way inflation is measured suggests a tapering of bond-buying stimulus will come sooner than markets think. The central bank is lobbying for a revision to housing cost estimates that could boost its preferred price gauge to ...

GPIF head says no need to be 'bang on' with asset targets

Jul 16, 2015

GPIF head says no need to be 'bang on' with asset targets

The world’s biggest pension fund, nearing the end of a plan to shift its asset mix and bulk up on equities, need not rush itself to reach new allocation targets, according to its president. The ¥135 trillion Government Pension Investment Fund should be flexible ...

Ex-currency chief fears BOJ exit nightmare on debt pile

Apr 22, 2015

Ex-currency chief fears BOJ exit nightmare on debt pile

Government debt twice the size of the economy will make exiting stimulus a nightmare for Bank of Japan Gov. Haruhiko Kuroda, according to the nation’s former top currency official. Makoto Utsumi, who oversaw foreign-exchange policy at the Finance Ministry from 1989 to 1991, said ...

Kuroda's inflation optimism challenged by cash register data

Mar 27, 2015

Kuroda's inflation optimism challenged by cash register data

Bank of Japan Gov. Haruhiko Kuroda’s optimism that he can meet the 2 percent inflation target is getting a reality check at the nation’s cash registers. Analysis of scanner data for about 350,000 products at 300 supermarkets across Japan shows costs are falling, says ...

Mar 23, 2015

Bank of Japan research casts doubt on Kuroda's comfort on bonds

The Bank of Japan’s own researchers are undermining Gov. Haruhiko Kuroda’s view that the market is functioning well as the central bank buys an unprecedented amount of debt. Some indicators suggest liquidity in Japanese government bonds is falling after long-term yields dropped, regulations changed ...