Jan 1, 2014

Bank of Japan likely to maintain easing policy, chief says

Bank of Japan Gov. Haruhiko Kuroda indicated the central bank will keep intact its current monetary easing policy in 2014 with prospects that the economy will continue to recover despite possible adverse impact from the consumption tax hike in April. In a recent interview, ...

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 ...

Kuroda vows end to deflation

Oct 11, 2013

Kuroda vows end to deflation

The Bank of Japan will do what is necessary to defeat deflation, BOJ Gov. Haruhiko Kuroda said, declining to discuss specific additional measures it might take. The central bank’s asset-purchase program has “been exerting its intended effect, which is quite encouraging,” Kuroda said at ...

Failure to raise sales tax 'could hurt bond prices'

Sep 5, 2013

Failure to raise sales tax 'could hurt bond prices'

Bank of Japan Gov. Haruhiko Kuroda has urged the government to stick to its plan to raise the sales tax in April, saying Japanese government bond prices could collapse if it fails to do so, official sources said Wednesday. “I do not intend to ...

Kuroda says stimulus 'starting to exert effects'

Aug 26, 2013

Kuroda says stimulus 'starting to exert effects'

Central bankers from Japan and the U.K. predicted their new campaigns to encourage expansion will work, sustaining support for global growth even as the Federal Reserve considers a reduction in stimulus. As the annual gathering of central bankers and economists in Jackson Hole, Wyoming, ...

Aug 8, 2013

BOJ puts off more monetary easing

by Jun Hongo

The Bank of Japan on Thursday put off additional monetary easing and maintained its assessment from the previous month that the economy is “starting to recover moderately.” Expressing confidence that the country’s 15-year struggle with deflation is seeing signs of improving, the central bank ...

Nation can weather April tax hike: Kuroda

Jul 29, 2013

Nation can weather April tax hike: Kuroda

Bank of Japan Gov. Haruhiko Kuroda showed little concern that the first phase of the sales tax hike could derail an economic rebound as Prime Minister Shinzo Abe decides whether to proceed with it. “A two-step sales tax increase won’t (inflict) major damage to ...

Jun 20, 2013

BOJ can ease more if situation faces significant change: Kuroda

The Bank of Japan could add to its unprecedented monetary easing announced two months ago should economic conditions change significantly, BOJ Gov. Haruhiko Kuroda said Wednesday. The April 4 package could be expanded or reduced as needed, Kuroda told lawmakers. The BOJ said in ...