Business / Economy Apr 27, 2021
Japan to miss key 2% inflation target again as policy coordination loosened
"It’s hugely symbolic that even Kuroda can’t hit the target after a decade,” said a chief economist and former Bank of Japan official.
Sumio Ito
For Sumio Ito's latest contributions to The Japan Times, see below:
Business / Economy Apr 16, 2021
BOJ likely to discuss raising economic outlook, sources say
BOJ officials see a strong recovery in the United States and China as a driving force for Japan’s export-reliant economy.
Business / Economy Apr 13, 2021
Ex-BOJ member sees no rate cuts without fresh crisis
Former board member Makoto Sakura's comments indicate the BOJ’s bar for lowering rates is as high as ever and that weak inflation alone won’t be enough to trigger such a move.
Business / Economy / Financial Markets Mar 19, 2021
BOJ carves out more policy flexibility after three-month review
The bank also said it would offer lending incentives if it lowered its target rates.
Business / Financial Markets Mar 11, 2021
BOJ looking to foster more yield fluctuations in bond market
The range around the 10-year yield target is a key focus for markets as the central bank looks to enhance the sustainability of its monetary stimulus.
Business / Financial Markets Mar 1, 2021
BOJ considers three pressure points to prolong stimulus
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.
Business / Economy Jan 18, 2021
Bank of Japan policy review seen as fine-tuning, not game-changing
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.
Business Nov 25, 2020
BOJ’s local bank aid makes rates harder to cut, ex-official says
To gain eligibility for the interest payments, regional banks must make decisions on merging or show they have improved their profitability.
Business Oct 23, 2020
BOJ official says digital currency needs public support first
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.
Business / Economy Oct 21, 2020
BOJ likely to reduce inflation forecasts as Go To campaign cuts prices
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.