BOJ ultraeasy monetary policy may stay after '14

Dec 2, 2013

BOJ ultraeasy monetary policy may stay after '14

The Bank of Japan has not set a time limit on its ultraloose monetary policy, BOJ Gov. Haruhiko Kuroda said Monday, hinting that large-scale easing may be kept intact beyond its current policy effect projection up to the end of 2014. While the BOJ ...

Data signal deflation may be in mild retreat

Nov 29, 2013

Data signal deflation may be in mild retreat

The war on deflation got a boost in October with a key inflation indicator rising at its fastest pace in 15 years, new data showed Friday, as the government battles to reverse years of falling prices. Stripping out volatile food and energy prices, which ...

Nov 26, 2013

BOJ policymaker minority didn't buy inflation timetable

Bank of Japan policymakers were split over whether the central bank would be able to attain its 2 percent inflation target in about two years as pledged in April, with some members saying it would be “difficult,” minutes of their Oct. 31 meeting showed ...

Nov 21, 2013

BOJ stays course on policy, outlook

The Bank of Japan said Thursday it will keep its radical quantitative easing policy in place and leave its previous description of the economic recovery intact despite slowing growth in exports. The central bank’s nine-member Policy Board wrapped up its two-day meeting with a ...

World economy still being propped up by extraordinary aid

Nov 12, 2013

World economy still being propped up by extraordinary aid

Five years after the global financial crisis erupted, the world’s biggest economies still need to be propped up. They’re growing and hiring a little faster and creating more jobs, but only with extraordinary aid from central banks or government spending. And economists say major ...

Nov 6, 2013

BOJ board ranks urge boost in jobs, incomes

Some members of the Bank of Japan’s Policy Board called for improvement in the employment and income situation to maintain solid domestic demand, given the relatively slow pace in the recovery of exports and production, according to the minutes of their Oct. 3-4 meeting. ...

Oct 31, 2013

BOJ forgoes fresh easing steps as economy picks up

The Bank of Japan held off Thursday from launching fresh easing steps as the economy shows increasing signs that the Abe administration’s policy blitz aimed at reviving growth is gaining traction. The brief BOJ statement on its asset-buying scheme came as attention turned to ...

Oct 24, 2013

Cabinet upbeat on recovery despite export lull

The government on Thursday maintained its basic assessment of the economy after last month’s upgrade, but downgraded its view on exports for the second straight month due to weakening demand in China and other parts of Asia. The third-largest economy “is on the way ...