Apr 2, 2015

60% of Japanese cut spending after tax hike: BOJ survey

A Bank of Japan survey revealed Thursday that 59.8 percent of respondents tightened their purse strings after the consumption tax hike in April last year. Of them, 75.3 percent said they were still curbing spending, according to the survey, which was conducted between Feb. ...

Mar 31, 2015

BOJ should play mysterious

by William Pesek

Arguably no central banker in the world has been bolder and more aggressive about quantitative easing than Japan’s Haruhiko Kuroda. Yet his $700 billion in bond purchases every month have failed to generate the 2 percent inflation targeted by the Bank of Japan: New ...

Mar 26, 2015

'Reflationist' economist Harada appointed to BOJ Policy Board

The government on Thursday appointed former Waseda University economics professor Yutaka Harada to the Bank of Japan Policy Board. Harada succeeds Ryuzo Miyao, a former economics professor at Kobe University whose five-year term on the nine-seat board ended Wednesday. A University of Tokyo graduate, ...