Japan Inc. sees 'Abenomics' sputtering and sales tax hike hurting economy, poll shows
Japanese companies overwhelmingly think the nation's longest postwar expansion is peaking, with two-thirds expecting a tax hike imposed this month by Prime Minister Shinzo Abe to hurt the economy, a Reuters poll showed on Friday. Almost all the firms in the monthly Reuters Corporate Survey ...
Fighting against Bank of Japan may not be crazy after all
Going against a central bank is an investment strategy fraught with peril, but some bond market analysts think the Bank of Japan will fail to steepen the yield curve.
Japan Finance Minister Taro Aso plays down need for stimulus after tax hike
Finance Minister Taro Aso on Friday dismissed the need to boost fiscal stimulus to counter the impact of the consumption tax hike, despite expectations the government and the Bank of Japan may act to reduce pressure on the world's third-largest economy. The government rolled out ...
Bank of Japan's Yukitoshi Funo warns of growing global risks but says BOJ ready to respond
Bank of Japan board member Yukitoshi Funo on Thursday warned against intensifying economic pressure from slowing global growth and reiterated the central bank's readiness to respond to the broadening hazards. Funo — who has consistently voted with the majority of the nine-member board — repeated ...
Companies on average expect domestic consumer prices to rise 0.9 percent in a year's time, a quarterly Bank of Japan survey for September showed Wednesday. The expected rate was unchanged from the previous poll in June, the BOJ said. The average projected inflation rate was 1.0 ...
Manufacturing sentiment in Japan lowest in six years but still better than feared, tankan shows
Confidence among the country’s biggest product makers fell to 5 from 7, according to the Bank of Japan’s quarterly survey released Tuesday.
Bank of Japan mulled another cut to short-term rates at September Policy Board meeting
Bank of Japan policymakers discussed the potential for further easing at their latest meeting, with one member suggesting another cut to short-term interest rates amid rising expectations for additional stimulus, a summary of their opinions showed Monday. Lingering concerns over the global economic outlook and ...
Bank of Japan's tankan survey likely to show big manufacturers' mood at 6½-year low
Big manufacturers' confidence is likely to have hit a 6½-year low in the September quarter, a Reuters poll has found, as the U.S.-China trade war and weakening global demand hit the business mood. The Bank of Japan's quarterly tankan business sentiment survey is projected to ...
BOJ's next step down a narrow path
Other central banks will likely release fresh rounds of monetary easing, but Japan's central bank is out of ammunition.
Consumer inflation cools in August to two year low in blow to BOJ
Japan's core consumer inflation slowed to a new two-year low in August due to lower oil costs and feeble economic growth, data showed on Friday, adding to the Bank of Japan's growing challenges in achieving its elusive 2 percent price target. The data will keep ...
Falling share prices pushed Japanese household assets down 0.1% in June
Financial assets held by Japanese households stood at ¥1.86 quadrillion ($17.2 trillion) at the end of June, down 0.1 percent from a year earlier, due largely to a drop in stock prices, the Bank of Japan said Friday. By asset type, equities, which account for ...
Bank of Japan expected to hold its fire this week after Fed and ECB decisions
The Bank of Japan will leave monetary policy unchanged this week as easing trade tensions and calmer financial markets relieve some of the pressure to act, a Bloomberg survey suggests. About three-quarters of 48 economists said the BOJ will leave policy unchanged at the end ...
