Jul 2, 2015

BOJ must achieve 2% inflation target, new board member Funo says

The Bank of Japan’s newest board member Yukitoshi Funo said the central bank must achieve its price target, indicating his support for Gov. Haruhiko Kuroda. “The 2 percent inflation target must be met” Funo, a former executive of Toyota Motor Corp., said in his ...

Jul 31, 2014

IMF's Japan report sees yen at fair value but warns on reforms

The International Monetary Fund said in a report released Thursday that the yen is currently at fair values against the other major currencies. The yen is assessed “as broadly consistent with medium-term fundamentals,” the Washington-based lender said in its annual assessment of the Japanese ...

Kuroda eyes yen-weakening action

| Apr 9, 2014

Kuroda eyes yen-weakening action

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Bank of Japan Gov. Haruhiko Kuroda has shown that a single unprecedented expansion of monetary policy has more impact than a series of smaller steps, and economists say he’s preparing to prove it again. The yen has tumbled almost 9 percent since Kuroda doubled ...