Failure to raise sales tax 'could hurt bond prices'

Sep 5, 2013

Failure to raise sales tax 'could hurt bond prices'

Bank of Japan Gov. Haruhiko Kuroda has urged the government to stick to its plan to raise the sales tax in April, saying Japanese government bond prices could collapse if it fails to do so, official sources said Wednesday. “I do not intend to ...

Kuroda says stimulus 'starting to exert effects'

Aug 26, 2013

Kuroda says stimulus 'starting to exert effects'

Central bankers from Japan and the U.K. predicted their new campaigns to encourage expansion will work, sustaining support for global growth even as the Federal Reserve considers a reduction in stimulus. As the annual gathering of central bankers and economists in Jackson Hole, Wyoming, ...

Aug 8, 2013

BOJ puts off more monetary easing

by Jun Hongo

The Bank of Japan on Thursday put off additional monetary easing and maintained its assessment from the previous month that the economy is “starting to recover moderately.” Expressing confidence that the country’s 15-year struggle with deflation is seeing signs of improving, the central bank ...

Nation can weather April tax hike: Kuroda

Jul 29, 2013

Nation can weather April tax hike: Kuroda

Bank of Japan Gov. Haruhiko Kuroda showed little concern that the first phase of the sales tax hike could derail an economic rebound as Prime Minister Shinzo Abe decides whether to proceed with it. “A two-step sales tax increase won’t (inflict) major damage to ...

Jun 20, 2013

BOJ can ease more if situation faces significant change: Kuroda

The Bank of Japan could add to its unprecedented monetary easing announced two months ago should economic conditions change significantly, BOJ Gov. Haruhiko Kuroda said Wednesday. The April 4 package could be expanded or reduced as needed, Kuroda told lawmakers. The BOJ said in ...

No one's being overly bullish yet, Kuroda says

May 27, 2013

No one's being overly bullish yet, Kuroda says

Bank of Japan Gov. Haruhiko Kuroda said Sunday he saw no signs of “excessively bullish expectations” in asset markets and the nation can cope with rising interest rates, provided the economy improves. The comments by the 68-year-old central banker came after stocks slumped on ...