Jun 10, 2016

Japan's May wholesale prices drop 4.2% on lower oil costs

Japan’s wholesale prices fell 4.2 percent in May from a year earlier for the 14th straight month of decline, weighed down by falling crude oil prices and a stronger yen, the Bank of Japan said Friday. The index of corporate goods prices stood at ...

Kuroda should drop two-year inflation target: former BOJ director

Jun 7, 2016

Kuroda should drop two-year inflation target: former BOJ director

The Bank of Japan should abandon its two-year time frame for achieving 2 percent inflation to avoid the pressure of having to take more drastic measures to reach the distant goal, a former BOJ executive director has said. “It’s already conducting very bold stimulus,” ...