Jun 10, 2015

BOJ policymaker foresees more difficulty in monetary easing policy

A Bank of Japan policymaker said Wednesday it appears to be becoming more difficult for the central bank to implement its large-scale monetary easing, citing the limited effects of additional easing steps introduced last October. “The market’s outlook on economic activity and prices has ...

May 29, 2015

BOJ inflation gauge slows to zero as oil weighs

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The Bank of Japan’s main gauge of inflation slowed to zero, as cheaper oil prices counter Gov. Haruhiko Kuroda’s effort to reflate the economy. Consumer prices excluding fresh food and effects of last year’s consumption tax increase were unchanged in April from a year ...

Mar 26, 2015

'Reflationist' economist Harada appointed to BOJ Policy Board

The government on Thursday appointed former Waseda University economics professor Yutaka Harada to the Bank of Japan Policy Board. Harada succeeds Ryuzo Miyao, a former economics professor at Kobe University whose five-year term on the nine-seat board ended Wednesday. A University of Tokyo graduate, ...

BOJ policymaker urged fiscal discipline amid easing policy: minutes

Dec 25, 2014

BOJ policymaker urged fiscal discipline amid easing policy: minutes

A member of the Bank of Japan’s Policy Board said at last month’s meeting that fiscal discipline should be maintained even when long-term interest rates remain low, according to minutes of the meeting released Thursday. The policymaker said the decline in long-term interest rates ...