BOJ deputy Iwata says no shift away from asset purchases

Dec 7, 2016

BOJ deputy Iwata says no shift away from asset purchases

Bank of Japan Deputy Gov. Kikuo Iwata said the central bank hasn’t shifted its focus away from expanding the monetary base as it seeks to reach its inflation target. Iwata stressed that the BOJ will continue its large-scale asset purchases after it introduced a ...

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 ...