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, ...

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 ...