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 ...

Dec 4, 2014

BOJ plan's success hinges on fiscal action plan, policymaker warns

A Bank of Japan Policy Board member said Thursday that it is essential for the government to make progress on fiscal consolidation as its efforts will eventually determine the success of the central bank’s drastic monetary easing. The BOJ has been purchasing Japanese government ...

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, ...