Nov 28, 2016

BOJ's Kuroda set to get 0.9% pay rise for current fiscal year

Bank of Japan Gov. Haruhiko Kuroda is getting a 0.9 percent pay rise for the fiscal year ending in March, leaving him ahead of his U.S. Federal Reserve counterpart, Janet Yellen, but behind Mario Draghi of the European Central Bank. The BOJ chief’s annual ...

Retailers turn deaf ear to Kuroda's inflation pledge

Nov 25, 2016

Retailers turn deaf ear to Kuroda's inflation pledge

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While Gov. Haruhiko Kuroda’s vow to overshoot the Bank of Japan’s 2 percent inflation target caused a stir among monetary policy watchers in September, it’s yet to have an impact among retailers. Stores as diverse as supermarket operator Aeon, Mister Donut and Wal-Mart have ...

Nov 21, 2016

BOJ policymaker concerned about Trump's effect on markets

A Bank of Japan policymaker on Monday voiced fears that the uncertainty created by U.S. President-elect Donald Trump’s economic policies will negatively impact the financial markets. “I am particularly concerned about the risks that global financial markets will experience sudden changes against a backdrop ...

Trump win gives Kuroda breathing room, ex-BOJ executive says

Nov 18, 2016

Trump win gives Kuroda breathing room, ex-BOJ executive says

Donald Trump’s election win has given Bank of Japan Governor Haruhiko Kuroda room to breathe by easing concerns that the yen will strengthen, a former BOJ executive says. The BOJ can remain on hold unless the yen strengthens past 100 against the dollar, a ...

Nov 16, 2016

BOJ inflation goal still too optimistic: ex-executive

The Bank of Japan is still too optimistic about the time needed to achieve its 2 percent inflation target, given the country’s entrenched deflationary mindset, a former BOJ executive director said. Any lack of progress toward that goal, though, is unlikely to trigger additional ...

Kuroda turns cautiously optimistic about inflation target

Nov 14, 2016

Kuroda turns cautiously optimistic about inflation target

Bank of Japan Gov. Haruhiko Kuroda expressed confidence Monday that the 2 percent inflation target will be achieved around fiscal 2018, saying a pickup in oil prices and possible wage growth could help push up prices. Kuroda, however, also warned there are downside risks ...

Nov 2, 2016

Bank of Japan signals economic onus is now on Abe government

The Bank of Japan is signaling that Prime Minister Shinzo Abe’s government needs to do more to help achieve 2 percent inflation and revive the economy, former BOJ Policy Board member Sayuri Shirai said Wednesday. Government stimulus, along with highly accommodative financial conditions, would ...