Bank of Japan maintains record stimulus, trims inflation outlook

Jul 15, 2015

Bank of Japan maintains record stimulus, trims inflation outlook

The Bank of Japan’s unprecedented monetary stimulus can drive inflation to its 2 percent target, Gov. Haruhiko Kuroda said as the bank left its policy unchanged and trimmed its price outlook. A slowdown in Japan’s economy is unlikely to continue this quarter while inflation ...

Jul 2, 2015

BOJ must achieve 2% inflation target, new board member Funo says

The Bank of Japan’s newest board member Yukitoshi Funo said the central bank must achieve its price target, indicating his support for Gov. Haruhiko Kuroda. “The 2 percent inflation target must be met” Funo, a former executive of Toyota Motor Corp., said in his ...

Jul 2, 2015

Firms forecast consumer prices to rise 1.4% over a year

Companies in Japan expect year-on-year inflation to hit 1.4 percent a year from now, the Bank of Japan said in a survey report Thursday. The estimate was unchanged from the previous survey three months ago, and cautious compared with the 2 percent increase the ...

Jul 1, 2015

Tankan shows unexpected improvement in manufacturer confidence

Sentiment among large manufacturers improved for the first time in three quarters in June, a Bank of Japan survey showed Wednesday, in a positive sign that runs counter to indications of a slowing economic recovery. The Tankan big manufacturer index rose to 15 from ...