BOJ's newest board member Sakurai to cement Kuroda's majority

Mar 23, 2016

BOJ's newest board member Sakurai to cement Kuroda's majority

The Diet approved Makoto Sakurai as a Bank of Japan board member Wednesday, a move expected to strengthen Gov. Haruhiko Kuroda’s support on the board. Sakurai is an international finance researcher with ties to reflationalists such as Koichi Hamada, an adviser to Prime Minister ...

Feb 23, 2016

Kuroda hints at shift in thinking on power of monetary policy

Almost three years after taking the helm at the Bank of Japan, Gov. Haruhiko Kuroda has hinted that his view on the power of monetary policy has shifted, after an unprecedented stimulus program failed to achieve his inflation target. “It’s not that the monetary ...

Feb 2, 2016

FSA to monitor effects of negative interest rate on banks, Aso says

Finance Minister Taro Aso said Tuesday the government will monitor what the effects of the Bank of Japan’s negative interest rate policy on financial institutions. The Financial Services Agency “needs to carefully monitor financial institutions,” said Aso, who also doubles as state minister for ...