How well did the Fed's stimulus work?

| Oct 30, 2014

How well did the Fed's stimulus work?

by Matthew Craft

Soaring inflation. A collapsing dollar. Bubbles in financial markets that would soon pop. One presidential candidate even suggested that the U.S. Federal Reserve chairman should be roughed up. Over the past five years, as the Fed has pumped ever-more money into the financial system, ...

BOJ keeps policy steady but warns of weak production

Oct 7, 2014

BOJ keeps policy steady but warns of weak production

The Bank of Japan on Tuesday kept its monetary policy steady, saying the economy is recovering despite the jolt it suffered from the consumption tax hike in April, but the bank downgraded its assessment of industrial output. The decision came as market participants believe ...

Sep 4, 2014

BOJ keeps easing in place as headwinds against inflation grow

The Bank of Japan kept its record stimulus unchanged Thursday as Gov. Haruhiko Kuroda looks to keep stoking inflation and boost economic momentum that’s been sapped by a higher sales tax. The bank kept its pledge to increase the monetary base at an annual ...

Sep 3, 2014

BOJ expected to stay rosy as policy meeting starts

The Bank of Japan opened a two-day policy meeting Wednesday, with market watchers expecting the central bank to keep policy steady and exude economic optimism despite negative fallout from the first stage of the consumption tax hike in April. The BOJ was set to ...

BOJ warns of weak exports but holds steady on policy

Aug 8, 2014

BOJ warns of weak exports but holds steady on policy

The Bank of Japan kept monetary policy steady Friday, noting that the economy is recovering but warning of recent weakness in Japanese exports and production. The BOJ decided to continue making massive asset purchases from banks to expand the nation’s monetary base by ¥60 ...

Japan close to beating deflation: BOJ deputy chief

Jul 23, 2014

Japan close to beating deflation: BOJ deputy chief

Japan is closer to conquering chronic deflation with monetary policy working as hoped, Bank of Japan Deputy Gov. Hiroshi Nakaso said Wednesday. “Japan’s economy is likely to achieve an inflation rate of about 2 percent in or around fiscal 2015, and thereafter gradually shift ...