Kuroda eyes yen-weakening action

| Apr 9, 2014

Kuroda eyes yen-weakening action

by Masaki Kondo and Yumi Ikeda

Bank of Japan Gov. Haruhiko Kuroda has shown that a single unprecedented expansion of monetary policy has more impact than a series of smaller steps, and economists say he’s preparing to prove it again. The yen has tumbled almost 9 percent since Kuroda doubled ...

Tax hike, Crimea cloud economy

| Mar 29, 2014

Tax hike, Crimea cloud economy

The first sales tax hike in 17 years and the ongoing geopolitical crisis over Crimea could turn into a double-whammy for Japan's fragile economic revival.

Mar 26, 2014

A year into the deflation fight

A year after taking the helm of the Bank of Japan, Haruhiko Kuroda appears on course to achieving the targets he set in the quest to rein in Japan's protracted deflation and put the economy on a growth path. Unfortunately bank lending to businesses ...

No limits in monetary policy adjustment, Kuroda says

Mar 17, 2014

No limits in monetary policy adjustment, Kuroda says

Bank of Japan Gov. Haruhiko Kuroda says there are no limits for adjusting the bank’s current “quantitative and qualitative” easing regime introduced in April 2013, stressing there room for additional monetary easing. In an recent interview, Kuroda said: “We will adjust our monetary policy ...

Mar 11, 2014

BOJ maintains ultraeasy monetary policy, economic assessment

The Bank of Japan said Tuesday it will maintain its ultraeasy monetary policy and keep unchanged its assessment of the economy for the sixth consecutive month, saying it has “continued to recover moderately” based on the judgment that deflation is disappearing. After a two-day ...

Jan 27, 2014

Minutes show some BOJ policymakers still wary of tax hike

Some of the Bank of Japan’s policymakers were worried in December that the first stage of the consumption tax hike in April will hurt business and consumer sentiment, although the Policy Board as a whole agreed the economy will probably continue to recover, minutes ...

BOJ near limit for bond buys but boost may be needed

Jan 20, 2014

BOJ near limit for bond buys but boost may be needed

The Bank of Japan is approaching the upper limit of its target for buying bonds, raising prospects it will need to expand the scope of its stimulus program to support the economy before a tax increase. The BOJ bought ¥6.8 trillion worth of sovereign ...

Jan 3, 2014

Kuroda chosen as 'Central Banker of the Year 2014'

Bank of Japan Gov. Haruhiko Kuroda has been named “Central Banker of the Year 2014″ for his “bold and decisive” style of carrying out ultraeasy monetary policy, the British financial magazine Banker said. “With his statesmanship he was able to pull such a bold ...