BOJ member saw need to expand easing for inflation goal, meeting summary shows
At the April 26-27 gathering, the BOJ projected that the central bank's 2% target will not be met before Gov. Haruhiko Kuroda's current term ends in April 2023.
BOJ policymakers agreed to focus on low rates as pandemic pain persists
At the March review, the BOJ kept policy steady and unveiled steps to make its tools sustainable enough to weather a prolonged battle to hit its 2% inflation target.
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.
Japan’s consumer prices maintain downtrend amid ongoing virus restrictions
Ministry data showed the nationwide core consumer price index was down for the eighth month as energy prices fell, although the pace of decline eased.
Bank of Japan has hit normalization limit under Kuroda, ex-official says
"Unless the current leadership suddenly says it’s gotten policy wrong all this time, it’s pretty much done all it can,” says former executive director Hideo Hayakawa.
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.
Kuroda warns of lingering COVID-19 pain as BOJ pares outlook for two regions
The world's third-largest economy is confronting a resurgence in infections with the virus that causes the disease.
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.
Japan wholesale prices rose 1.0% in March, logging first growth in 13 months
"It is too early to say demand in Japan has returned to the level before the outset of the pandemic," a BOJ official cautioned.
Haruhiko Kuroda becomes second-longest serving BOJ governor amid challenges
With Kuroda's term set to end in April 2023, delivering on his promise of hitting a 2% inflation target may be much harder than setting a new record as the longest-serving chief.
Sentiment among Japan's big manufacturers improves to pre-pandemic levels
The results suggested that the export-reliant economy was benefiting from a solid recovery in global demand.
