Worries over Chinese yuan put BOJ in a bind

Aug 20, 2015

Worries over Chinese yuan put BOJ in a bind


China’s devaluation of the yuan exposes an undefended flank in the Bank of Japan’s efforts to jolt its flagging economy out of decades of deflation, which rely heavily on a solid pick-up in overseas demand. A growing number of Japan’s central bankers are privately ...

Aug 4, 2015

BOJ likely to maintain current easing policy, attention on China

The Bank of Japan is likely to keep intact its ultra-easy monetary policy at its two-day policy meeting starting Thursday, with focus on production and consumer spending amid the slowing Chinese economy, sources said Monday. Despite Japan’s low inflation rate, which was 0.1 percent ...

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


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, ...