Kuroda says many options available for increased easing

Oct 9, 2014

Kuroda says many options available for increased easing

The Bank of Japan has “many options” for additional easing, Gov. Haruhiko Kuroda said, emphasizing that the bank will adjust its policy as needed to reach its 2 percent inflation target. “We have substantially increased our JGB holdings but still it’s about 20 percent ...

BOJ keeps policy steady but warns of weak production

Oct 7, 2014

BOJ keeps policy steady but warns of weak production

The Bank of Japan on Tuesday kept its monetary policy steady, saying the economy is recovering despite the jolt it suffered from the consumption tax hike in April, but the bank downgraded its assessment of industrial output. The decision came as market participants believe ...

Sep 3, 2014

BOJ expected to stay rosy as policy meeting starts

The Bank of Japan opened a two-day policy meeting Wednesday, with market watchers expecting the central bank to keep policy steady and exude economic optimism despite negative fallout from the first stage of the consumption tax hike in April. The BOJ was set to ...

Some BOJ policymakers concerned about production shift overseas

Aug 13, 2014

Some BOJ policymakers concerned about production shift overseas

A few Bank of Japan policymakers pointed out during their meeting last month that structural factors such as firms shifting production abroad could continue to cap exports. During the July 14-15 meeting, the BOJ Policy Board maintained its assessment that “exports have recently leveled ...

Aug 13, 2014

Japan's GDP set to fall sharply; stimulus expectations may surge

Japan’s economy likely shrank sharply in the second quarter, which would be bad news for Prime Minister Shinzo Abe’s growth policies, but it could raise market expectations of further stimulus. Data due at 8:50 a.m. Wednesday will show gross domestic product contracted at a ...

BOJ warns of weak exports but holds steady on policy

Aug 8, 2014

BOJ warns of weak exports but holds steady on policy

The Bank of Japan kept monetary policy steady Friday, noting that the economy is recovering but warning of recent weakness in Japanese exports and production. The BOJ decided to continue making massive asset purchases from banks to expand the nation’s monetary base by ¥60 ...

Jul 31, 2014

Japan flirts with recession; planned tax hike in doubt

Japan could be flirting with recession after the weakest factory output since 2011, which, following a surprising fall in exports last week, could pressure the central bank to ease policy and complicate a decision on whether to raise taxes. The severe contraction in output ...