Feb 13, 2015

BOJ sees extra stimulus as counterproductive for now

by Masahiro Hidaka

Bank of Japan policymakers view further monetary easing to shore up inflation as a counterproductive step at present, amid concern it could trigger declines in the yen that damage confidence, sources said. The yen strengthened after the remarks, which indicate a possible shift in ...

Feb 5, 2015

Abe boosts Kuroda reflation effort with BOJ board nomination

by Toru Fujioka

The Abe administration has nominated a proponent of reflationary monetary policy for the central bank’s board, buttressing Gov. Haruhiko Kuroda’s effort to end a two-decade slump in the world’s third-biggest economy. The government proposed economist Yutaka Harada to replace Ryuzo Miyao, whose term ends ...

Jan 26, 2015

BOJ's 2% inflation target may prove elusive in 2015

by Shinya Ajima

When Bank of Japan Gov. Haruhiko Kuroda met the press last week after the BOJ’s policy meeting, he effectively admitted the central bank may miss what the market perceives as its deadline of next fiscal year for achieving 2 percent inflation to revive the ...