Kuroda turns cautiously optimistic about inflation target

Nov 14, 2016

Kuroda turns cautiously optimistic about inflation target

Bank of Japan Gov. Haruhiko Kuroda expressed confidence Monday that the 2 percent inflation target will be achieved around fiscal 2018, saying a pickup in oil prices and possible wage growth could help push up prices. Kuroda, however, also warned there are downside risks ...

Nov 2, 2016

Bank of Japan signals economic onus is now on Abe government

The Bank of Japan is signaling that Prime Minister Shinzo Abe’s government needs to do more to help achieve 2 percent inflation and revive the economy, former BOJ Policy Board member Sayuri Shirai said Wednesday. Government stimulus, along with highly accommodative financial conditions, would ...

Oct 14, 2016

Japan's wholesale prices down for 18th straight month

Japan’s wholesale prices fell for the 18th straight month in September, down 3.2 percent from a year earlier, with a downturn in global oil prices and the yen’s appreciation pushing down import prices, Bank of Japan data showed Friday. The latest data highlighted that ...