BOJ lifts assessment of three regional economies

/ Jan 16, 2017

BOJ lifts assessment of three regional economies

The Bank of Japan on Monday lifted its economic assessment of three of the country's nine regions, citing a pickup in consumer spending. "The effects of the decline in stock prices after early 2016 and of the irregular weather seen that summer has waned," the ...

Bank of Japan caps tumultuous year with upgrade to outlook

/ Dec 20, 2016

Bank of Japan caps tumultuous year with upgrade to outlook

The Bank of Japan closed a tumultuous year for monetary policy with an upgrade to its assessment of the economy while keeping its yield-curve and asset-purchase programs unchanged. After the board's first policy meeting since the election of Donald Trump, the BOJ forecast a ...

Nov 28, 2016

BOJ's Kuroda set to get 0.9% pay rise for current fiscal year

Bank of Japan Gov. Haruhiko Kuroda is getting a 0.9 percent pay rise for the fiscal year ending in March, leaving him ahead of his U.S. Federal Reserve counterpart, Janet Yellen, but behind Mario Draghi of the European Central Bank. The BOJ chief's annual income ...

Nov 21, 2016

BOJ policymaker concerned about Trump's effect on markets

A Bank of Japan policymaker on Monday voiced fears that the uncertainty created by U.S. President-elect Donald Trump's economic policies will negatively impact the financial markets. "I am particularly concerned about the risks that global financial markets will experience sudden changes against a backdrop of ...

/ Nov 16, 2016

BOJ inflation goal still too optimistic: ex-executive

The Bank of Japan is still too optimistic about the time needed to achieve its 2 percent inflation target, given the country's entrenched deflationary mindset, a former BOJ executive director said. Any lack of progress toward that goal, though, is unlikely to trigger additional easing ...

Kuroda turns cautiously optimistic about inflation target

/ Nov 14, 2016

Kuroda turns cautiously optimistic about inflation target

Bank of Japan Gov. Haruhiko Kuroda expressed confidence Monday that the 2 percent inflation target will be achieved around fiscal 2018, saying a pickup in oil prices and possible wage growth could help push up prices. Kuroda, however, also warned there are downside risks to ...