Business sentiment at Japan's large manufacturers at three-year low, poll finds
Business confidence at big manufacturers in Japan likely worsened to an almost three-year low in the April-June quarter, as the U.S.-China trade war and weakening global demand hurt the export-reliant economy, a Reuters' poll found Friday. A deterioration in corporate sentiment will add to the ...
How Japan turned against 'bazooka'-wielding central bank chief Haruhiko Kuroda
In late January 2016, the lights were on well past midnight on the seventh floor of the Bank of Japan's headquarters. Inside, a handful of bureaucrats were working on a shock plan. It was almost three years into central bank Gov. Haruhiko Kuroda's audacious campaign ...
Bank of Japan maintains ultraloose policy as trade tensions cloud global outlook
The Bank of Japan kept its ultra-easy monetary policy unchanged Thursday, to underpin the economy amid growing uncertainty over a global economic outlook clouded by the U.S.-China trade war. At the end of its two-day meeting, which came as inflation continued to run under its ...
Economists expect Bank of Japan will expand stimulus sometime soon, but not this week
A majority of economists now see the Bank of Japan expanding its stimulus as its next move, with a strengthening of the yen from Federal Reserve rate cuts seen as a key factor for triggering action, according to a Bloomberg survey. While all 50 polled ...
Abe says his 'real' economic goals were met without hitting 2% inflation
Prime Minister Shinzo Abe said his real economic objectives, including full employment, have been achieved even though 2 percent inflation has not, pointing to a further softening of the government's commitment to a price goal seen as one of the cornerstones of Abenomics. "It's true ...
The Bank of Japan's proposed lending facility for its exchange-traded fund buying program won't help fix the more pertinent issue that's curbing overseas investors' faith in the country's equity market — central bank domination of the ETF industry. That's the view of Jesper Koll, Japan-based ...
Japan's growing debt divergence
The BOJ may have no choice but to end up providing permanent government support to avoid painful fiscal consolidation.
Bank of Japan board debated pros and cons of more easing at March meeting
Bank of Japan policymakers remained divided on how quickly to ramp up stimulus to hit their elusive price goal, minutes of their March meeting showed, even as slowing global demand clouded the outlook for the export-reliant economy. While most in the nine-member board saw no ...
BOJ vows to keep rates super-low for at least a year, and trims Japan growth and inflation forecasts
In the quarterly outlook, the BOJ stuck to its view that the economy will continue to expand moderately as a trend.
Half of economists now expect Bank of Japan's next move to be more easing
About half of economists now expect the Bank of Japan's next policy move to be monetary easing, including three who see it coming this week, according to a Bloomberg survey. The other 45 of 48 economists surveyed said they expect the BOJ to leave its ...
Government coordinates response to potential market volatility during Japan's 10-day holiday period
A meeting involving representatives of the Finance Ministry, the Financial Services Agency and the Bank of Japan was held Friday to discuss how to a respond if the upcoming 10-day holiday period linked to the Imperial succession leads to wild fluctuations in financial markets. The ...
