Apr 10, 2013

BOJ in March also thought to up easing

Bank of Japan decision-makers discussed further monetary easing steps, such as buying government bonds with longer maturities, at the Policy Board meeting chaired March 6 and 7 by then-Gov. Masaaki Shirakawa, the minutes showed Tuesday. Among other options raised by the board members were ...

Shirakawa exits after 'turbulent' BOJ term

Mar 20, 2013

Shirakawa exits after 'turbulent' BOJ term

by Jun Hongo

Departing Bank of Japan Gov. Masaaki Shirakawa expresses regret for not being able to end a decades-long struggle with deflation during his "turbulent" five years in office, but adds that he believes a recovery is possible.

Kuroda rides in on high hopes, high-set bar

| Mar 16, 2013

Kuroda rides in on high hopes, high-set bar

by Jun Hongo

“Abenomics” looks ready to bloom just in time for spring, given the Diet’s approval Friday of Haruhiko Kuroda as the next governor of the Bank of Japan. As head of the central bank, Kuroda, currently president of the Asian Development Bank, will have vast ...

Mar 8, 2013

Nation on 'right path' to beat deflation, Shirakawa says

by Jun Hongo

Departing Bank of Japan Gov. Masaaki Shirakawa said Thursday that the country is on the “right path” to ending its decades-long deflation. The bank upgraded its assessment of the domestic economy at its Policy Board meeting, likely the last for Shirakawa, who is stepping ...