But with the Nikkei stock index around three-decade highs, some lawmakers and economists are asking why it’s necessary to keep propping up the market.
For Toru Fujioka's latest contributions to The Japan Times, see below:
Industrial output rose 4.2% in January from the previous month, with production of memory chips and semiconductor equipment climbing, the trade ministry reported Friday.
BOJ Gov. Haruhiko Kuroda has a history of delivering surprises, so investors have been left guessing about what the policy assessment announced last month will deliver, if anything.
People over the age of 65 make up 29% of the population and account for almost 40% of the consumer spending that is the biggest driver of Japan’s economy.
All but one economist projected the BOJ will make no change to its interest rates, forward guidance or key asset-purchase program.
To gain eligibility for the interest payments, regional banks must make decisions on merging or show they have improved their profitability.
Rengo chief Rikio Kozu has indicated he’ll push for a 4% wage increase, including base pay.
"A price increase was never an option because passing our burden onto customers would be totally unfair," said a worker at one restaurant that closed in August.
China’s plans to issue a digital yuan, while still not fleshed out, have heightened global interest in digital currencies among central banks and policymakers.
The travel discounts started in July, and have helped drive consumer inflation below zero as hotel prices dropped by more than 30% from a year ago.