Economists worry over BOJ's next step

Sep 16, 2016

Economists worry over BOJ's next step

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Amid speculation the Bank of Japan will announce additional monetary easing next week, some observers are warning of possible side effects. A long way from hitting its 2 percent inflation goal, the BOJ may expand its radical negative interest rate policy and modify its ...

Sep 13, 2016

Central bank's policies impeding recovery

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Central bankers' "central planning" of the financial sector with controlled prices for credit are failing for the same reason as central planners of communist economies failed. It's time to allow financial markets to determine interest rates.

GDP revised upward to 0.7% for April-June quarter

Sep 8, 2016

GDP revised upward to 0.7% for April-June quarter

Japan’s economy expanded at a better-than-estimated 0.7 percent annualized pace in the April-June quarter, according to revised data showing private demand was stronger than earlier reported. An earlier estimate put annualized growth in the quarter at 0.2 percent. The economy grew at a 2.1 ...

| Sep 6, 2016

Dollar directionless around ¥103.50

The dollar moved around ¥103.50 in Tokyo trading on Tuesday, lacking a clear direction in the absence of major trading incentives after the U.S. market was closed Monday for a national holiday. At 5 p.m., the dollar stood at ¥103.35-35, almost unchanged from ¥103.36-36 ...