Mar 18, 2014

Analysts split on fiscal crisis timeline

by Masaaki Iwamoto

Economists are split over how long the government has to rein in the world’s biggest debt burden, a Bloomberg News survey shows, adding to a debate on whether the government should keep ratcheting up the sales tax. Eleven of 34 analysts said the government ...

No limits in monetary policy adjustment, Kuroda says

Mar 17, 2014

No limits in monetary policy adjustment, Kuroda says

Bank of Japan Gov. Haruhiko Kuroda says there are no limits for adjusting the bank’s current “quantitative and qualitative” easing regime introduced in April 2013, stressing there room for additional monetary easing. In an recent interview, Kuroda said: “We will adjust our monetary policy ...

Mar 14, 2014

Stubborn exports, capital spending worry some BOJ policymakers

A few of the Bank of Japan’s policymakers said future economic developments will depend on whether exports and capital investment can offset the decline in consumption expected after the sales tax is hiked on April 1, the minutes of their February policy meeting showed ...

Mar 11, 2014

BOJ maintains ultraeasy monetary policy, economic assessment

The Bank of Japan said Tuesday it will maintain its ultraeasy monetary policy and keep unchanged its assessment of the economy for the sixth consecutive month, saying it has “continued to recover moderately” based on the judgment that deflation is disappearing. After a two-day ...

Output soars most since 2011 ahead of tax hike

Feb 28, 2014

Output soars most since 2011 ahead of tax hike

The nation’s industrial production in January grew the most since 2011, indicating the economy is strengthening as a looming consumption tax bump stimulates demand, while inflation matched the highest level in more than five years. Output rose 4 percent in January from the previous ...

Feb 21, 2014

Some in BOJ wary of inflation target outlook: minutes

Some Bank of Japan policymakers maintained a cautious stance on the central bank’s prediction that consumer prices are likely to come close to its 2 percent inflation target from the end of fiscal 2014 to fiscal 2015, the minutes of the January policy meeting ...

Record trade deficit pressures Abenomics

| Feb 21, 2014

Record trade deficit pressures Abenomics

Japan’s record trade deficit adds to sinking consumer confidence and an April consumption tax increase, threatening to undermine Prime Minister Shinzo Abe’s bid to engineer a sustained recovery. Credit Suisse Group AG on Thursday cut its 2014 economic growth forecast for Japan to 1.6 ...