NEWSWORTHY
Consumer prices rose a sluggish 0.9 percent last year, according to government data published Friday, as the world's third-largest economy continues its yearslong battle to stoke weak inflation. The annual figure is far below the central bank's inflation target of 2 percent and comes as ...
Yen likely to hit 80 to the dollar in next Japan recession, former BOJ official says
The yen is likely to reach its strongest level against the dollar in more than six years if Japan enters a recession, which could come as early as the fall of this year, a former central bank official has said. "I don't think it will ...
Bank of Japan to cut inflation forecast due to sharp fall in oil prices
The Bank of Japan is almost certain to cut its inflation forecast for the fiscal year starting in April given the sharp fall in oil prices, according to sources familiar with the matter. The government's decision to make preschool education free adds to the case ...
U.S.-China trade tensions impacting Japanese firms, BOJ warns
The Bank of Japan warned Thursday that risks to the global economy, including heightened trade tensions between the United States and China, are beginning to have an adverse effect on Japanese companies. In a quarterly report on the nation's regional economies, the central bank said ...
Business confidence among Japanese hits six-year low: BOJ survey
An index gauging business confidence among people in Japan has fallen to a six-year low, a Bank of Japan quarterly survey for December showed Wednesday. The diffusion index for business confidence deteriorated to minus 32.0, hitting the lowest level since minus 33.1 logged in the ...
While it is not known which events will hold back global commerce, professional economic soothsayers appear in agreement that growing risks and uncertainty will slow Japan’s growth.
Bank of Japan keeps stimulus unchanged at last policy meeting of year
The Bank of Japan left its stimulus settings unchanged at its final policy meeting of the year, as risks to inflation mount and the Federal Reserve signaled just hours before a slightly more dovish rate path ahead. The BOJ left its yield curve control program ...
Bank of Japan's ¥400 trillion cash injection changes little for ordinary people
It's been the most radical cash injection in history — nearly ¥400 trillion pumped into Japan's economy over more than five years to slay deflation and kick growth into higher gear. That's still not enough to save Tomoaki Nagai's metal parts factory near Osaka, and ...
Former central bank official blames Japan's low inflation on rising labor productivity
An increase in workforce participation and improvements in labor productivity are among key factors keeping inflation low, former Bank of Japan Deputy Gov. Hiroshi Nakaso said Tuesday. He said the aging population is driving companies to beat labor shortages by automating operations and abandoning the ...
Bank of Japan watchers see economic risks pushing back rate hike prospects
The Bank of Japan is more likely to wait until after next year's increase in the consumption tax before taking action to tighten monetary policy, given increasing risks to the economic outlook and recent market turbulence, a growing number of economists say. All 49 of ...
A key quarterly economic survey by the Bank of Japan shows sentiment among large manufacturers remained unchanged between November and December, even as worries about global trade tensions persisted. The tankan survey, released Friday, says sentiment remained flat at 19 for a second time after ...
Deputy governor says Bank of Japan has room to boost stimulus
Bank of Japan Deputy Gov. Masazumi Wakatabe said Wednesday the central bank should not hesitate to ramp up stimulus if risks to the economy threaten the achievement of its inflation target. Wakatabe, a vocal advocate of aggressive monetary easing, also said the demerits of the ...
