Retailers turn deaf ear to Kuroda's inflation pledge

Nov 25, 2016

Retailers turn deaf ear to Kuroda's inflation pledge

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While Gov. Haruhiko Kuroda’s vow to overshoot the Bank of Japan’s 2 percent inflation target caused a stir among monetary policy watchers in September, it’s yet to have an impact among retailers. Stores as diverse as supermarket operator Aeon, Mister Donut and Wal-Mart have ...

As Abenomics loses shine, Japan's shoppers seek bargains

Aug 25, 2016

As Abenomics loses shine, Japan's shoppers seek bargains

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Three years of Abenomics, Prime Minister Shinzo Abe’s bold stimulus program, has failed to dislodge a deflationary mindset among businesses and consumers. As the world’s third-largest economy falters again — with a stronger yen gnawing at overseas profits and domestic consumption sapping companies’ confidence ...

Jul 29, 2016

Japan's consumer prices off for fourth straight month in June

Japan’s consumer prices fell 0.5 percent in June from a year earlier for the fourth straight month of decline, the government said Friday, adding pressure on the Bank of Japan to further ease monetary policy to boost inflation. The core consumer price index, which ...

Bank of Japan's Kuroda rules out 'helicopter money'

Jul 21, 2016

Bank of Japan's Kuroda rules out 'helicopter money'

Bank of Japan Gov. Haruhiko Kuroda ruled out the idea of using “helicopter money” — or directly underwriting the budget deficit — to combat deflation, as policymakers gear up to expand existing stimulus programs. Japanese markets have risen this month on speculation that authorities, ...