NEWSWORTHY
BlackRock sees 'silver lining' when Bank of Japan tapers funds for ETFs
Some investors are worried about the market impact when the Bank of Japan decides to wind back an extraordinary yearslong program of support for the country's stock market, but the world's largest money manager sees less reason for concern. There will probably be some initial ...
Core inflation stayed flat at 0.8% in July, backed by higher lodging, energy costs
Inflation stayed steady in July amid rising energy costs but remained far below the Bank of Japan's elusive target rate of 2 percent, government data showed Friday. Japan's core consumer price index, which excludes the volatile prices of fresh food but not energy, rose 0.8 ...
Bank of Japan's threat to global bonds fizzles as Japanese insurers stay put
For all the frenzy over the Bank of Japan's first policy tweak in almost two years, little seems to have changed for the nation's insurers. That's because the rise in long-end government bond yields seen after the central bank's July 31 decision has proved to ...
How to end Japan's deflation? Abolish cash
Wage growth in Japan hits 21-year high, possibly signaling a pickup in household spending
Household spending slid in June, but real wages rose at their fastest pace in more than 21 years thanks to higher summer bonuses, a sign that benefits of a prolonged economic recovery are broadening. Household income also marked the fastest gain in three years on ...
Bank of Japan policymakers fretted over stimulus side effects at June meeting
Bank of Japan policymakers said it was necessary to monitor the negative economic impact of continuing monetary stimulus amid stubbornly weak inflation, minutes of their June meeting showed Friday. The minutes suggest members of the central bank's Policy Board recognized a need to make policy ...
Japan’s core inflation rate hit 0.8% in June on higher energy costs
The country's underlying inflation rate edged up in June amid rising energy costs, government data showed Friday, though it continued to fall short of the Bank of Japan's 2 percent target. The nationwide core consumer price index, which excludes volatile fresh food prices, rose 0.8 ...
Lower unemployment rate needed to hit inflation goal: Bank of Japan board member
Bank of Japan board member Yutaka Harada said Wednesday that unemployment needs to fall further if the country's stubbornly stagnant inflation rate is to pick up, while also advocating for continued monetary easing. His comments, made in a speech to business leaders in Kanazawa, Ishikawa ...
Time for the BOJ to reconsider the 2 percent inflation target
The Bank of Japan's ambitious inflation target increasingly appears unachievable.
Bank of Japan eyes lowering fiscal 2018 inflation forecast amid slow price climbs
The central bank is leaning toward downgrading its projection for 1.3 % inflation in 2018, based on the tepid price growth logged in April and May.
U.S. economy could force BOJ's hand on rates, ally of Gov. Haruhiko Kuroda says
The Bank of Japan's next policy move may be to raise its bond-yield target to keep the yen from weakening too much, according to a BOJ adviser and longtime associate of Gov. Haruhiko Kuroda. While the yen has strengthened this year, Masahiro Kawai said in ...
Japan's March household spending slumps, suggesting economy slowed in first quarter
Household spending fell 0.7 percent in March from a year earlier to mark the second straight month of decline, underscoring the view the economy suffered a temporary lull in the first quarter as bad weather hurt consumption. Income slid 3.8 percent in March, dropping for ...
