Jun 19, 2015

Bank of Japan holds fire on stimulus as economy picks up

The slump in the yen isn’t reducing the Bank of Japan’s policy flexibility, Gov. Haruhiko Kuroda said Friday after the BOJ maintained its record monetary stimulus. After triggering the steepest rally in the currency this year on June 10, Kuroda told reporters at a ...

| Jun 10, 2015

Kuroda remark drives dollar to ¥123

The dollar slumped below ¥123 in Tokyo trading Wednesday, dragged down by Bank of Japan Gov. Haruhiko Kuroda’s remark taken as a warning against the yen’s excessive drop. After slipping below ¥122.50 briefly, the dollar stood at ¥122.68-70 at 5 p.m., down from ¥124.53-54 ...

Jun 10, 2015

BOJ policymaker foresees more difficulty in monetary easing policy

A Bank of Japan policymaker said Wednesday it appears to be becoming more difficult for the central bank to implement its large-scale monetary easing, citing the limited effects of additional easing steps introduced last October. “The market’s outlook on economic activity and prices has ...

May 29, 2015

BOJ inflation gauge slows to zero as oil weighs

by Toru Fujioka

The Bank of Japan’s main gauge of inflation slowed to zero, as cheaper oil prices counter Gov. Haruhiko Kuroda’s effort to reflate the economy. Consumer prices excluding fresh food and effects of last year’s consumption tax increase were unchanged in April from a year ...