BOJ sticks with current policy but changes view on inflation risks
The bank said the risks to prices are balanced instead of tilted downward, in a change that shows the bank now sees the possibility of inflation outstripping their projections.
BOJ’s future path could start to emerge during Kuroda’s last lap
Surveyed economists say that in the unlikely scenario the BOJ responds to price pressures or yen weakness, the most likely step would be to adjust its messaging rather than policy.
Inflation irks Asia as Japan yields hit six-year high
Japan’s five-year yields have advanced to the highest level since the Bank of Japan introduced its negative interest rate policy in January 2016.
Japan wholesale prices rose 8.5% in December for second highest jump on record
The rise in the prices of goods traded between companies followed a record 9.2% gain in November and marked the 10th straight month of growth.
BOJ lifts economic assessments on all nine regions despite omicron spread
While Japan's economy remains in a "severe" situation, the nine areas reported that economic conditions had been "picking up" or had shown "signs of a pickup."
At over three quarters, share of people who feel prices have risen hits six-year high
In a quarterly survey by the Bank of Japan, 77.4% of those polled feel prices are more expensive now than they were a year ago.
Bank of Japan plans to discuss changing long-held view on price risks, sources say
The central bank meets on Jan. 17 and 18, with its quarterly report on prices and growth likely to be the focus of interest.
Prices to take center stage at Bank of Japan’s January meeting
Japan’s inflation remains subdued when compared with price growth in other major economies, as firms continue to absorb higher input prices.
Central bankers balance two priorities: prices and employment. Unfortunately, a slowing economy generally reduces employment, which means that those two priorities compete with each other.
Consumer prices rise 0.5% in Japan on energy costs, but 2% without phone fees
The underlying price trend is being obscured by distortions caused by government policies — such as the drive to lower phone charges.
Japan household assets hit record as savings and stock prices rise
The holding of cash and deposits increased as people were asked to stay home when the COVID-19 situation was severe, making them spend less money.
