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 ...

BOJ: All nine regional economies picking up

Oct 21, 2013

BOJ: All nine regional economies picking up

On the back of solid demand, including housing investment, and with signs of improvement in jobs and income, the Bank of Japan on Monday upgraded its assessment of the nation’s nine regional economies from three months ago. In its quarterly Sakura Report on the ...

Jul 31, 2013

BOJ doubted inflation target effect in 2003: minutes

Bank of Japan Gov. Toshihiko Fukui opposed the introduction of an inflation target when he assumed the post in March 2003, expressing doubt that monetary policy could affect prices by influencing public sentiment, according to the minutes of a policy meeting covering January to ...

Jun 1, 2013

BOJ's 2% inflation goal doable, IMF says

The International Monetary Fund said Friday that the Bank of Japan’s commitment to a 2 percent inflation target “could be achieved” if the government takes effective measures to bolster economic growth and restore its fiscal health, the worst among developed nations. “Complementary growth strategies ...

2% inflation target out of reach, think tanks say

May 24, 2013

2% inflation target out of reach, think tanks say

Think tanks agree it will be difficult for the Bank of Japan to attain its 2 percent inflation target in about two years, with the nation’s economic growth seen slowing down markedly in fiscal 2014 after the planned consumption tax hike. The average estimate ...

Apr 19, 2013

BOJ's Miyao confident on 2% inflation goal

A Bank of Japan policymaker said Thursday that the central bank’s experimental quantitative easing measures will bolster the economy and push up prices, expressing confidence that its 2 percent inflation target can be achieved. “The 2 percent inflation target is expected to be attained ...

Apr 7, 2013

Money that's twice as easy

The Bank of Japan, under its new governor, doubles down on monetary easing with a policy boldly aimed at a 2 percent inflation target in two years.