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Toru Fujioka

For Toru Fujioka's latest contributions to The Japan Times, see below:

Kuroda ally says weak yen shouldn't stop more stimulus if needed

Feb 20, 2015

Kuroda ally says weak yen shouldn't stop more stimulus if needed

Concern about weakening the yen should not prevent the Bank of Japan from easing monetary policy further if necessary, said Masahiro Kawai, a university professor who has collaborated on research with Gov. Haruhiko Kuroda. “I have no doubt the yen will fall further and ...

Feb 5, 2015

Abe boosts Kuroda reflation effort with BOJ board nomination

The Abe administration has nominated a proponent of reflationary monetary policy for the central bank’s board, buttressing Gov. Haruhiko Kuroda’s effort to end a two-decade slump in the world’s third-biggest economy. The government proposed economist Yutaka Harada to replace Ryuzo Miyao, whose term ends ...

December output gain hints at end to latest recession

Jan 30, 2015

December output gain hints at end to latest recession

Industrial production snapped two quarters of decline in December, signaling the economy may have limped out of recession. Output rose 1.8 percent in the three months through December from the third quarter, the Ministry of Economy, Trade and Industry said Friday. While household spending ...

Nov 26, 2014

Abe will have chance to name more women to BOJ board

Prime Minister Shinzo Abe has a chance to appoint a second female to the Bank of Japan’s Policy Board next year, which would mark a first in the institution’s 132-year history, said one of his advisers, Etsuro Honda. “Increasing the number of females would ...

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 ...