Apr 30, 2015

BOJ refrains from boosting stimulus even as inflation fades

The Bank of Japan on Thursday refrained from boosting monetary stimulus even after inflation came to a halt, with Gov. Haruhiko Kuroda betting it will re-emerge as the impact from cheaper oil fades. The central bank stuck to its plan to expand the monetary ...

Apr 19, 2015

IMF fudges BOJ inflation target timeline

The International Monetary Fund said it has become harder to estimate when the Bank of Japan will achieve its inflation target, suggesting the global fund is backtracking from its prediction of around 2017 or 2018. “It’s just too uncertain for us to say x ...

Soccer still a refuge for BOJ staff

Apr 15, 2015

Soccer still a refuge for BOJ staff

by and

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 ...