BOJ keeps policy steady but warns of weak production

Oct 7, 2014

BOJ keeps policy steady but warns of weak production

The Bank of Japan on Tuesday kept its monetary policy steady, saying the economy is recovering despite the jolt it suffered from the consumption tax hike in April, but the bank downgraded its assessment of industrial output. The decision came as market participants believe ...

Apr 8, 2014

BOJ stays policy course, aware of sales tax hike hit

by Atsushi Kodera

The Bank of Japan on Tuesday left its ultra-loose monetary policy unchanged, while acknowledging the consumption tax hike introduced this month will have a negative impact on the economy. During a two-day meeting that ended Tuesday, the nine-member Policy Board unanimously decided to maintain ...

BOJ boost to loan programs seen as sign for more easing

Feb 18, 2014

BOJ boost to loan programs seen as sign for more easing

The Bank of Japan on Tuesday boosted lending programs while sticking with a plan for unprecedented asset purchases, as the central bank tries to support a recovery and stamp out 15 years of deflation. At its Policy Board meeting, the BOJ doubled a funding ...

Jan 22, 2014

BOJ keeps ultraeasy monetary policy

The Bank of Japan said Wednesday it will maintain its ultraeasy monetary policy and keep unchanged its consumer price outlook for fiscal 2015 at 1.9 percent, near its 2 percent inflation target aimed at beating deflation. The nine-member Policy Board unanimously decided that the ...

BOJ stays ultra-easy policy course; outlook same

Oct 4, 2013

BOJ stays ultra-easy policy course; outlook same

The Bank of Japan on Friday maintained its ultra-easy monetary policy and left unchanged its assessment of the domestic economy, saying it is “recovering moderately” amid continuing improvements in business sentiment and consumer spending. The Policy Board decided unanimously to keep intact the central ...

Sep 10, 2013

Fiscal credibility critical: BOJ board

Many Bank of Japan policymakers stressed the importance of maintaining fiscal management credibility to ensure stable interest rates and called on the government to promote fiscal consolidation, according to the minutes of their policy meeting last month. During the meeting Aug. 7 and 8, ...