Nov 6, 2013

BOJ board ranks urge boost in jobs, incomes

Some members of the Bank of Japan’s Policy Board called for improvement in the employment and income situation to maintain solid domestic demand, given the relatively slow pace in the recovery of exports and production, according to the minutes of their Oct. 3-4 meeting. ...

Oct 31, 2013

BOJ forgoes fresh easing steps as economy picks up

The Bank of Japan held off Thursday from launching fresh easing steps as the economy shows increasing signs that the Abe administration’s policy blitz aimed at reviving growth is gaining traction. The brief BOJ statement on its asset-buying scheme came as attention turned to ...

Oct 24, 2013

Cabinet upbeat on recovery despite export lull

The government on Thursday maintained its basic assessment of the economy after last month’s upgrade, but downgraded its view on exports for the second straight month due to weakening demand in China and other parts of Asia. The third-largest economy “is on the way ...

Oct 23, 2013

A lot of economic hope riding on 2020 Olympics: BOJ

Communities around Japan expect the 2020 Tokyo Olympics and other major developments in the country to boost tourism and personal spending, according to a new Bank of Japan survey. Tokyo, Nagano, Hyogo and Chiba prefectures in particular are pinning high hopes on the Olympic ...

BOJ: All nine regional economies picking up

Oct 21, 2013

BOJ: All nine regional economies picking up

On the back of solid demand, including housing investment, and with signs of improvement in jobs and income, the Bank of Japan on Monday upgraded its assessment of the nation’s nine regional economies from three months ago. In its quarterly Sakura Report on the ...

Kuroda vows end to deflation

Oct 11, 2013

Kuroda vows end to deflation

The Bank of Japan will do what is necessary to defeat deflation, BOJ Gov. Haruhiko Kuroda said, declining to discuss specific additional measures it might take. The central bank’s asset-purchase program has “been exerting its intended effect, which is quite encouraging,” Kuroda said at ...

BOJ deputy chief frets over prospects of U.S. budget talks

Oct 9, 2013

BOJ deputy chief frets over prospects of U.S. budget talks

A Bank of Japan deputy governor expressed concern Wednesday about the prospect of the United States defaulting on its national debt, and optimism about attaining the central bank’s 2 percent inflation target. On consumer prices, the BOJ is likely to achieve its inflation goal ...

BOJ must be ready to act fast, member says

Oct 9, 2013

BOJ must be ready to act fast, member says

A Bank of Japan policymaker stressed the importance of adjusting monetary policy “without hesitation” if the economy deteriorates, the minutes of last month’s meeting show. “The approach of examining both upside and downside risks and making adjustments as appropriate without hesitation was important,” the ...

BOJ stays ultra-easy policy course; outlook same

Oct 4, 2013

BOJ stays ultra-easy policy course; outlook same

The Bank of Japan on Friday maintained its ultra-easy monetary policy and left unchanged its assessment of the domestic economy, saying it is “recovering moderately” amid continuing improvements in business sentiment and consumer spending. The Policy Board decided unanimously to keep intact the central ...