BOJ easing options limited

| Mar 1, 2013

BOJ easing options limited

by Mie Sakamoto

The Bank of Japan’s options to reinforce its monetary easing grip will probably be limited even if Asian Development Bank President Haruhiko Kuroda, a strong advocate of aggressive easing, takes the BOJ helm in March. The government’s nomination of Kuroda, 68, apparently reflects its ...

Currency veteran offers BOJ credibility on reflation

Feb 27, 2013

Currency veteran offers BOJ credibility on reflation

by John Brinsley

The Bank of Japan may pack a bigger punch under Haruhiko Kuroda, an opponent of deflation who ran the nation’s currency policy and then built an international reputation leading the Asian Development Bank. Finance Minister Taro Aso told reporters Monday that Kuroda, Prime Minister ...

Top currency official eyed for ADB presidency

Feb 27, 2013

Top currency official eyed for ADB presidency

The administration is considering Vice Finance Minister for International Affairs Takehiko Nakao, the nation’s top currency official, as a candidate to lead the Asian Development Bank under the assumption that current ADB head Haruhiko Kuroda becomes the next Bank of Japan governor, Finance Minister ...

BOJ should have Kuroda at helm: Abe

Feb 26, 2013

BOJ should have Kuroda at helm: Abe

The government will nominate Asian Development Bank President Haruhiko Kuroda as the next Bank of Japan governor and scholar Kikuo Iwata as one of two deputy governors.

Muto, Iwata likely on shortlist for BOJ chief

Feb 21, 2013

Muto, Iwata likely on shortlist for BOJ chief

The Liberal Democratic Party-led government hopes to hold discussions with the opposition on picking either Toshiro Muto or Kazumasa Iwata, both former Bank of Japan deputy governors, as the next head of the central bank, sources said. Prime Minister Shinzo Abe, who is set ...

BOJ members troubled by 2% target: minutes

Feb 20, 2013

BOJ members troubled by 2% target: minutes

Some Bank of Japan policymakers pointed to the difficulty of achieving 2 percent inflation at their Jan. 21-22 meeting when the central bank decided to introduce the target, according to the minutes released Tuesday. Other Policy Board members, however, said it was “meaningful” to ...

Feb 19, 2013

Exec picks to be pitched this month

by Reiji Yoshida

The administration plans to present its nominees for Bank of Japan governor and vice governors to the Diet by month’s end, Chief Cabinet Secretary Yoshihide Suga said Monday. The terms of the current two vice governors expires March 19, but the administration will announce ...

BOJ stands pat on monetary easing, ups assessment

Feb 15, 2013

BOJ stands pat on monetary easing, ups assessment

by Jun Hongo

The Bank of Japan on Thursday put off additional monetary easing while raising its assessment of the economy, saying it appears to have stopped weakening. After its two-day Policy Board meeting drew to a close, BOJ Gov. Masaaki Shirakawa told a news conference that ...