Bank of Japan officials are increasingly expressing disappointment at subdued annual wage talks, according to people familiar with the discussions, making next week's monetary-policy decision a closer call. Gov. Haruhiko Kuroda has said publicly that pay raises have been muted given the tighter jobs market ...
After twice this year putting off his inflation target yet declining to step up monetary stimulus, Bank of Japan Gov. Haruhiko Kuroda has discouraged some analysts from thinking he'll ever boost policy again. Forty-four percent of economists surveyed by Bloomberg had expected a move by ...
Poor data for exports and industrial output have the potential to force the Bank of Japan into bolstering stimulus later this month, said a former chief economist for the BOJ. Weak production could destroy the picture the central bank has presented of an economy that ...
Economists from Nomura Holdings Inc. to BNP Paribas SA lowered their forecasts for the economy this week, making the central bank's growth outlook for this year look increasingly optimistic. The trigger — a second-quarter contraction reported on Monday — also led Bank of America Corp. ...
Japan "need not worry" about China's devaluation of the yuan because it can always offset the effects by easing monetary policy, said an adviser to Prime Minister Shinzo Abe. Depreciation in China's currency tends to boost the yen, and if external demand weakens too much ...
The Japanese economy likely contracted last quarter, dragged down by weak consumer spending and a slump in exports, according to a top forecaster. The world's third-biggest economy may have shrank as much as an annualized 2.5 percent, said Yoshiki Shinke of Dai-ichi Life Research Institute. The ...
The Bank of Japan's unprecedented monetary stimulus can drive inflation to its 2 percent target, Gov. Haruhiko Kuroda said as the bank left its policy unchanged and trimmed its price outlook. A slowdown in Japan's economy is unlikely to continue this quarter while inflation could ...
It could be difficult for the Bank of Japan to taper its record monetary stimulus before a planned sales-tax hike in 2017, and the government may need to compile a ¥2.5 trillion economic package to cushion the blow to households, an adviser to the ...
The Bank of Japan's chief economist urged the government to adjust consumer price data to better reflect housing costs, a change he estimates would boost the inflation rate by as much as 0.2 percentage point. By more accurately taking into account changes in quality of ...
With its reluctance to add to record monetary stimulus even as inflation remains well below its target, the Bank of Japan has stoked speculation about it scaling back its asset purchases as soon as early 2016. Economists in recent weeks have been re-examining the BOJ's ...
