Shirakawa hastens exit as Abe pushes for stimulus

| Feb 7, 2013

Shirakawa hastens exit as Abe pushes for stimulus

Bank of Japan Gov. Masaaki Shirakawa’s planned early exit, almost three weeks before his term runs out, will accelerate a leadership transition that is likely to aid Prime Minister Shinzo Abe’s campaign for aggressive easing, analysts say. Shirakawa, 63, said Tuesday he will exit ...

Jan 19, 2013

Ministers hint BOJ warming to 2% inflation target

Members of Prime Minister Shinzo Abe’s Cabinet hinted Friday that the Bank of Japan is moving closer to setting a 2 percent inflation target in a joint statement on policy coordination aimed at conquering deflation. “Things are going in a good direction,” economic and ...

Jan 17, 2013

Abe says his BOJ chief must be deflation foe

Prime Minister Shinzo Abe said Wednesday he wants the next Bank of Japan chief to fully understand his policies for battling chronic deflation and revitalizing the struggling economy. Economic and fiscal policy minister Akira Amari is set to attend the central bank’s Policy Board ...

Abe seeking monetary soulmate as next governor of BOJ

Jan 17, 2013

Abe seeking monetary soulmate as next governor of BOJ

by Jun Hongo

Having agreed on a ¥20 trillion economic stimulus package and a hefty ¥13.1 trillion supplementary budget, the next big task for Prime Minister Shinzo Abe and his Cabinet will be nominating the right person to head the Bank of Japan. Abe told reporters Wednesday ...