BOJ chief Kuroda says interest rates won't drop again, for now

Mar 4, 2016

BOJ chief Kuroda says interest rates won't drop again, for now

Bank of Japan Gov. Haruhiko Kuroda said Friday the central bank is not considering cutting rates again. It introduced a negative rate in February. “At this point, I am not considering further lowering the negative interest rate,” the BOJ chief told the Budget Committee ...

Feb 23, 2016

Kuroda hints at shift in thinking on power of monetary policy

Almost three years after taking the helm at the Bank of Japan, Gov. Haruhiko Kuroda has hinted that his view on the power of monetary policy has shifted, after an unprecedented stimulus program failed to achieve his inflation target. “It’s not that the monetary ...

Aso jawbones markets as yen climb puts cloud over Abenomics

Feb 12, 2016

Aso jawbones markets as yen climb puts cloud over Abenomics

Japanese officials stepped up their expressions of concern about a soaring yen as the currency’s renewed strength threatened to undermine the government’s Abenomics program for reviving the economy. With the yen trading near a 15-month high against the dollar, concern is growing that this ...

Feb 12, 2016

Japan's economic roller coaster is headed for another dip

After three years of Abenomics and record monetary stimulus from the central bank, the economy still cannot escape a roller-coaster cycle of expansion and contraction. The next round will commence on Monday, when gross domestic product data for the fourth quarter are released. The ...