BOJ warns of weak exports but holds steady on policy

Aug 8, 2014

BOJ warns of weak exports but holds steady on policy

The Bank of Japan kept monetary policy steady Friday, noting that the economy is recovering but warning of recent weakness in Japanese exports and production. The BOJ decided to continue making massive asset purchases from banks to expand the nation’s monetary base by ¥60 ...

Japan close to beating deflation: BOJ deputy chief

Jul 23, 2014

Japan close to beating deflation: BOJ deputy chief

Japan is closer to conquering chronic deflation with monetary policy working as hoped, Bank of Japan Deputy Gov. Hiroshi Nakaso said Wednesday. “Japan’s economy is likely to achieve an inflation rate of about 2 percent in or around fiscal 2015, and thereafter gradually shift ...

Jul 15, 2014

BOJ stays the course toward 2% inflation

The Bank of Japan on Tuesday kept its record stimulus unchanged and forecast inflation will pick up to its 2 percent price target. The central bank stuck with its goal of an annual increase in the monetary base of between ¥60 trillion and ¥70 ...

Jun 19, 2014

BOJ exec shrugs off tax increase slowdown fears

A Bank of Japan policymaker Thursday shrugged off the possibility that the consumption tax hike on April 1 could significantly slow the economy, echoing the central bank’s bright projections. “Although being affected by strong demand before and a decline following (the April 1 tax ...

Jun 18, 2014

BOJ now nation's biggest creditor

The Bank of Japan has become the single biggest holder of domestic government bonds for the first time, data showed Wednesday, underscoring the scale of its monetary easing program. The central bank has been aggressively buying Japanese government bonds since unveiling a stimulus plan ...

May 25, 2014

BOJ chief prods Abe to get moving on reforms

Bank of Japan Gov. Haruhiko Kuroda has forecast victory in his battle against stubborn deflation that has sapped growth for years, but expressed impatience with the pace of Prime Minister Shinzo Abe’s much touted economic plan to jump-start the feeble economy. The central bank ...

May 15, 2014

BOJ's Kuroda sees 'many ways' if further easing needed

Bank of Japan Gov. Haruhiko Kuroda said Thursday the central bank has “many ways” to further ease monetary policy to achieve its 2 percent inflation target, pledging to take any steps needed to reach the goal. “If the 2 percent inflation target is not ...