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 ...

Japan close to beating deflation: BOJ deputy chief

Jul 23, 2014

Japan close to beating deflation: BOJ deputy chief

Japan is closer to conquering chronic deflation with monetary policy working as hoped, Bank of Japan Deputy Gov. Hiroshi Nakaso said Wednesday. “Japan’s economy is likely to achieve an inflation rate of about 2 percent in or around fiscal 2015, and thereafter gradually shift ...

Jul 22, 2014

FSA to boost bank, insurer oversight

The Financial Services Agency plans to integrate its inspection and supervisory policies to strengthen its oversight of banks, insurance firms and other financial institutions, according to informed sources. The agency will disclose the new policy by September, the sources said Monday. FSA officials in ...

Jul 18, 2014

BOJ concerned weak exports point to structural problem, minutes show

Bank of Japan policymakers have raised concerns about the nation’s slowing exports, with some citing “structural factors” that might not be addressed in the near term, according to the minutes of their meeting released Friday. The central bank’s nine-member Policy Board agreed that exports ...

Jul 15, 2014

BOJ stays the course toward 2% inflation

The Bank of Japan on Tuesday kept its record stimulus unchanged and forecast inflation will pick up to its 2 percent price target. The central bank stuck with its goal of an annual increase in the monetary base of between ¥60 trillion and ¥70 ...

BOJ expected to tweak economic estimates during policy meeting

Jul 14, 2014

BOJ expected to tweak economic estimates during policy meeting

The Bank of Japan on Monday began a two-day policy meeting to review its growth and inflation forecasts for moderate economic expansion despite the April consumption tax hike. Financial market participants also expect the Policy Board to maintain the BOJ’s ultraloose monetary policy to ...

Jul 7, 2014

BOJ sanguine on state of regional economies

The Bank of Japan said in a quarterly report Monday that the nation’s nine regional economies are still robust despite downward pressure from the April 1 consumption tax hike. The tax hike to 8 percent from 5 percent was expected to dent household and ...