The boom in cryptocurrencies and their underlying technology is becoming too big for central banks, long the guardian of official money, to ignore. Until recently, officials at major central banks were happy to watch as pioneers in the field progressed by trial and error, safe ...
As central banks prepare to start unwinding balance sheets later this year, there is growing concern about the financial soundness of the Bank of Japan.
Bank of Japan Gov. Haruhiko Kuroda said the recent pace of growth in the world's third-largest economy is probably unsustainable and pledged to continue with very accommodative monetary policy "for some time" as the BOJ is far from its inflation target. "I think 4 percent ...
Japan's current run of economic growth provides a now-or-never opportunity to tackle the nation's debt and forge ahead with plans to increase the sales tax, said Yoshimitsu Kobayashi, chairman of the Japan Association of Corporate Executives (Keizai Doyukai). The ballooning debt shows no signs of ...
Japan's consumer prices rose again in July, official data showed Friday, due mainly to rising energy costs and still way below the central bank's long-delayed inflation target. After stripping out the volatile cost of fresh food, the inflation rate came in at 0.5 percent, the ...
The Bank of Japan's reduction of the amount it invests in the Nikkei 225 stock average is leaving the blue-chip gauge lagging behind the broader Topix by the widest margin in nearly two years. Following criticism that its exchange-traded funds purchases are distorting the stock ...
Prime Minister Shinzo Abe should let BOJ Gov. Haruhiko Kuroda finish the work he started.
The Bank of Japan is adding to the risks of its aggressive monetary easing policies by discussing only their potential upside, according to recently departed Policy Board member Takahide Kiuchi. "Communicating only bullish confidence about the positives is a big problem," Kiuchi said in an ...
Prime Minister Shinzo Abe still faces a host of tough economic challenges after he shuffled his Cabinet on Thursday, pundits said. He needs to redouble efforts to spread benefits from the economic recovery across the country, create new growth industries and boost productivity in order ...
A Bank of Japan policymaker on Wednesday encouraged businesses to take advantage of the central bank's ultra-easy monetary policy to find new areas for growth as the country's shrinking population heralds a fall in domestic demand. In a speech to business leaders in Sapporo, Yukitoshi ...
An increasing number of economists forecast that consumer prices will not only fail to meet the Bank of Japan's target, but that they will peak as soon as this autumn, in stark contrast with the view from Gov. Haruhiko Kuroda and his policy board. Inflation ...
The International Monetary Fund has called on Japan to promote the use of foreign workers and the participation of women and elderly people in the labor market as part of efforts to achieve firmer and sustained growth. In its assessment of the Japanese economy following ...
