BOJ won't raise bond yield target: Kuroda

/ Mar 24, 2017

BOJ won't raise bond yield target: Kuroda

The Bank of Japan’s chief said Friday the central bank would not raise its long-term government debt yield target despite upward pressure from recent rises in overseas interest rates. The central bank’s “monetary policy should be designed to achieve the price stability target of ...

/ Feb 23, 2017

BOJ policymaker warns current monetary policy may hurt economy

A Bank of Japan policymaker expressed concern Thursday that the central bank’s current policy, aimed at keeping the country’s long-term interest rates low to spur domestic demand, may eventually hurt the economy. “Controlling long-term interest rates at a certain level could undermine the automatic ...