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 ...

JGB yields hit 1% first time in year

May 24, 2013

JGB yields hit 1% first time in year

Japanese government bonds fell Thursday, with 10-year rates touching 1 percent for the first time in a year, on speculation the U.S. Federal Reserve will curb stimulus and the Bank of Japan will tolerate an increase in yields. Japan’s five-year note rate matched the ...

G-20 to be given explanation on monetary easing

Apr 18, 2013

G-20 to be given explanation on monetary easing

by Mie Sakamoto

Japan aims to seek global understanding of its aggressive monetary easing at this week’s meeting of Group of 20 finance chiefs to ease possible concerns about the yen’s recent steep fall and negative effects that could spill over to other economies. Bank of Japan ...