Mar 20, 2013

BOJ must proceed with caution

The Bank of Japan has agreed to adopt a 2 percent inflation target, but the BOJ is asking for trouble if it makes such a price rise its ultimate goal.

Jun 13, 2012

Signs of a slowdown in China

The People’s Bank of China on June 7 lowered banks’ one-year lending rate by a quarter percentage point to 6.31 percent and one-year deposit rate by the same margin to 3.25 percent — the first full-scale monetary easing by China since a similar move ...

May 2, 2012

Lightening the load on businesses

The Bank of Japan on Friday announced that it will boost the size of its asset purchase program by ¥5 trillion. The decision follows an earlier decision in February to add ¥10 trillion to the program. As a result, the total size of the ...

Mar 14, 2012

Japan's cautionary tale for the U.S.

by Robert J. Samuelson

Since the financial crisis, a shadow has hovered over the U.S. economy: Japan. Could what happened there happen to us? The bursting of Japan’s real estate and stock bubble in the early 1990s has had lasting consequences: a “lost decade” (actually, two) of meager ...