Soccer still a refuge for BOJ staff

Apr 15, 2015

Soccer still a refuge for BOJ staff

by Toru Fujioka and Masahiro Hidaka

The Bank of Japan officials huddle: they’re planning a counterattack. It’s half-time, on a balmy Saturday afternoon in October on a soccer field in Machida, western Tokyo, and the central bank’s team has just seen their 1-0 lead vanish with an equalizer by Japan ...

Apr 14, 2015

IMF raises Japan's growth forecast to 1% for 2015

The International Monetary Fund said Tuesday it nudged up its economic growth projection for Japan in 2015 by 0.4 point to 1.0 percent in real terms, mainly thanks to the yen’s weakness and lower crude oil prices. Japan’s economy is expected to pick up ...

Apr 8, 2015

BOJ stays further easing measures

The Bank of Japan held off further easing measures on Wednesday as it struggles to bolster stagnant inflation that is defying a massive stimulus program launched two years ago. Following a two-day meeting, the central bank backed the program, which is adding about ¥80 ...

Apr 2, 2015

60% of Japanese cut spending after tax hike: BOJ survey

A Bank of Japan survey revealed Thursday that 59.8 percent of respondents tightened their purse strings after the consumption tax hike in April last year. Of them, 75.3 percent said they were still curbing spending, according to the survey, which was conducted between Feb. ...