Jan 15, 2015

Regional economies showing moderate recovery, BOJ says

The Bank of Japan said Thursday that a moderate recovery remains underway in all regional economies, upholding previous upbeat assessments because of the expectation that cheaper oil will spur consumption. In its quarterly report, the central bank kept steady its evaluations of eight of ...

Jan 15, 2015

Wholesale prices rose for second consecutive year in 2014

Wholesale prices grew for the second straight year in 2014 on higher energy and raw material costs, but the pace slowed significantly in December amid the sharp fall in crude oil prices, the Bank of Japan said Thursday in a preliminary report. The central ...

Jan 8, 2015

Fed looks past a world in turmoil, confident in U.S. recovery

U.S. central bankers have looked beyond a global deflation threat, fear of energy-sector bond defaults, and a surge of oil patch layoffs to reach what appears to be a firm conclusion: the U.S. recovery is here to stay. New trade data released on Wednesday ...

Dec 25, 2014

Services producer price index rose 3.6% in November

The services producer price index rose 3.6 percent in November from a year before, up for the 17th consecutive month, the Bank of Japan said Thursday. The index, previously called the tertiary or corporate services price index, stood at 102.9 against 100 for the ...

BOJ policymaker urged fiscal discipline amid easing policy: minutes

Dec 25, 2014

BOJ policymaker urged fiscal discipline amid easing policy: minutes

A member of the Bank of Japan’s Policy Board said at last month’s meeting that fiscal discipline should be maintained even when long-term interest rates remain low, according to minutes of the meeting released Thursday. The policymaker said the decline in long-term interest rates ...