The Bank of Japan officials huddle: they're planning a counterattack. It's half-time, on a balmy Saturday afternoon in October on a soccer field in Machida, western Tokyo, and the central bank's team has just seen their 1-0 lead vanish with an equalizer by Japan Finance ...
Concern about weakening the yen should not prevent the Bank of Japan from easing monetary policy further if necessary, said Masahiro Kawai, a university professor who has collaborated on research with Gov. Haruhiko Kuroda. "I have no doubt the yen will fall further and it ...
The Abe administration has nominated a proponent of reflationary monetary policy for the central bank's board, buttressing Gov. Haruhiko Kuroda's effort to end a two-decade slump in the world's third-biggest economy. The government proposed economist Yutaka Harada to replace Ryuzo Miyao, whose term ends March ...
Industrial production snapped two quarters of decline in December, signaling the economy may have limped out of recession. Output rose 1.8 percent in the three months through December from the third quarter, the Ministry of Economy, Trade and Industry said Friday. While household spending fell and ...
Two days after Prime Minister Shinzo Abe secured a pledge from Japan Inc. to do its best to boost wages to revive the world's third-biggest economy, data showed companies hoarding record amounts of cash. Corporate holdings of cash and deposits rose 4.2 percent from a ...
The Bank of Japan rejects the idea that additional monetary stimulus is needed to prevent a recent decline in oil prices from pulling down inflation, according to sources familiar with the discussions. For now, policymakers assess that while cheaper energy costs may weigh on consumer ...
Prime Minister Shinzo Abe has a chance to appoint a second female to the Bank of Japan's Policy Board next year, which would mark a first in the institution's 132-year history, said one of his advisers, Etsuro Honda. "Increasing the number of females would be ...
Hours after the Bank of Japan caught central bank watchers off guard by boosting stimulus, officials were fending off complaints about its communications. A meeting on Oct. 31 with about 50 analysts and economists on the BOJ's new outlook ran on for two hours — ...
The Bank of Japan may need more time to achieve its 2 percent inflation target and the country can't ignore harm caused by an abrupt weakening of the yen, said Toshiro Muto, a two-time contender to lead the central bank. "The hurdle is pretty high ...
Japan is in danger of falling into a recession as the yen's decline reduces the purchasing power of households and squeezes corporate profits, according to a former deputy governor of the Bank of Japan. "The current yen weakness is slightly excessive," Kazumasa Iwata, the deputy ...
