Kuroda leads BOJ to a policy crossroads

Jul 30, 2016

Kuroda leads BOJ to a policy crossroads

by and

After more than three years of pumping out cheap money that has failed to secure its inflation target, the Bank of Japan has signaled a rethink. Instead of buying yet more government bonds, cutting interest rates or pushing further into uncharted territory, the BOJ ...

BOJ to discuss cutting inflation forecasts after dismal data

Jul 4, 2016

BOJ to discuss cutting inflation forecasts after dismal data

In light of recent dismal data on prices, the Bank of Japan is expected to discuss cutting its inflation forecasts at its next monetary policy meeting, scheduled for July 28 and 29. The central bank will possibly lower its inflation projection for this fiscal ...

Jul 1, 2016

New BOJ member Masai warns about risks of excessive forex moves

The Bank of Japan’s new board member has warned that excessive moves in foreign-exchange markets pose risks for economic activity. “It’s undesirable for foreign-exchange rates to move by not reflecting economic fundamentals,” Takako Masai, the board member who officially joined the bank Thursday, said ...

Jun 21, 2016

Some BOJ policymakers worried about negative rates, minutes show

Minutes from the Bank of Japan’s April policy meeting showed some members expressed misgivings over its negative interest rate policy. “A few members argued that the negative interest rate policy would impair the functioning of financial markets and financial intermediation as well as stability ...