Aug 20, 2014

Skepticism over Abe's inflation goal grows as price gauge retreats

Traders are growing more skeptical Prime Minister Shinzo Abe will achieve his 2 percent inflation target after a sales tax increase derailed growth. The 10-year break-even rate, a gauge of expectations for consumer-price gains in inflation-linked bonds, dropped to 1.16 percent Tuesday, the lowest ...

Some BOJ policymakers concerned about production shift overseas

Aug 13, 2014

Some BOJ policymakers concerned about production shift overseas

A few Bank of Japan policymakers pointed out during their meeting last month that structural factors such as firms shifting production abroad could continue to cap exports. During the July 14-15 meeting, the BOJ Policy Board maintained its assessment that “exports have recently leveled ...

Aug 13, 2014

Homebuyers in Japan seen at risk amid floating-rate loan rush

Japanese homebuyers are piling into floating-rate mortgages, stirring debate over whether they are too complacent as Bank of Japan stimulus revives inflation. The proportion of home loans with adjustable rates climbed to 42.8 percent of Japan’s new lending in February, the highest since December, ...

Aug 11, 2014

Japan's M3 money supply rose 2.4% in July

Japan’s M3 money supply increased 2.4 percent in July from a year before, after rising 2.5 percent rise the month before, the Bank of Japan said in a preliminary report Monday. The pace of growth slowed for the sixth straight month due to an ...

BOJ warns of weak exports but holds steady on policy

Aug 8, 2014

BOJ warns of weak exports but holds steady on policy

The Bank of Japan kept monetary policy steady Friday, noting that the economy is recovering but warning of recent weakness in Japanese exports and production. The BOJ decided to continue making massive asset purchases from banks to expand the nation’s monetary base by ¥60 ...

Aug 7, 2014

BOJ board meets amid concerns about exports, production

The Bank of Japan began its two-day policy meeting Thursday amid expectations that the central bank will keep monetary policy steady while examining downside risks to the economy, including weak exports and industrial output. The BOJ Policy Board is widely expected to vote Friday ...