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,” ...

May 13, 2016

'Ample space' for monetary easing, Kuroda says

Bank of Japan Gov. Haruhiko Kuroda said Friday the bank has “ample space” for additional monetary easing, reminding the market that further stimulus is possible despite the central bank’s decision to stand pat last month. “There is no doubt that ample space for additional ...

BOJ considered negative side of minus rates: minutes

May 9, 2016

BOJ considered negative side of minus rates: minutes

Some Bank of Japan policymakers warned in March of “adverse effects” of negative rates, citing anxiety among financial institutions and depositors, meeting minutes showed Monday. After the minus rate policy was adopted in late January, these members said it had become difficult for market ...

May 9, 2016

BOJ board member Sakurai's Ph.D. credentials questioned

Weekly magazine Shukan Post has raised questions about new Bank of Japan Board member Makoto Sakurai’s credentials, saying there is no record of him submitting a thesis or graduating with a Ph.D. The central bank’s website describes Sakurai, 69, as having “completed a Ph.D. ...