Jun 22, 2014

BOJ 'tankan' to show downturn in biz sentiment

Private think tanks expect the Bank of Japan’s “tankan” quarterly survey to June will show a deterioration in business sentiment among large manufacturers for the first time in six quarters. Among 16 think tanks, the average estimate on the headline diffusion index for large ...

Jun 19, 2014

BOJ exec shrugs off tax increase slowdown fears

A Bank of Japan policymaker Thursday shrugged off the possibility that the consumption tax hike on April 1 could significantly slow the economy, echoing the central bank’s bright projections. “Although being affected by strong demand before and a decline following (the April 1 tax ...

Jun 18, 2014

BOJ now nation's biggest creditor

The Bank of Japan has become the single biggest holder of domestic government bonds for the first time, data showed Wednesday, underscoring the scale of its monetary easing program. The central bank has been aggressively buying Japanese government bonds since unveiling a stimulus plan ...

Jun 5, 2014

BOJ must be clear on inflation goal, policymaker says

A Bank of Japan policymaker said Thursday the central bank must “avoid any misunderstanding” in financial markets over its 2 percent inflation goal, underscoring that it is not pursuing higher prices without economic improvement. “What the price stability target aims to achieve is not ...

May 15, 2014

BOJ's Kuroda sees 'many ways' if further easing needed

Bank of Japan Gov. Haruhiko Kuroda said Thursday the central bank has “many ways” to further ease monetary policy to achieve its 2 percent inflation target, pledging to take any steps needed to reach the goal. “If the 2 percent inflation target is not ...

May 13, 2014

El Nino-induced weather raises concern at BOJ

Bank of Japan officials are concerned that cooler-than-normal weather triggered by El Nino will curb spending this summer and weigh on an economic rebound after April’s sales tax increase, according to people familiar with the matter. Bank officials are watching for potential weakening in ...