Household spending in Japan declined again in April

May 30, 2017

Household spending in Japan declined again in April

Household spending dropped again in April, official figures showed Tuesday, as consumers kept a tight hold on their purse strings despite years of government efforts to boost spending. The fresh data attest to what analysts believe is a broader picture of the economy — it ...

Former Fed chief Bernanke endorses BOJ's inflation goal

/ May 24, 2017

Former Fed chief Bernanke endorses BOJ's inflation goal

Former head of the U.S. Federal Reserve, Ben S. Bernanke, endorsed the Bank of Japan's extraordinary easing measures to break free of persistent deflation and underlined the importance of coordinating monetary policy with fiscal stimulus. "Despite improvement in the Japanese economy, I think there's still ...

Kuroda 'quite sure' BOJ can smoothly withdraw stimulus

/ May 16, 2017

Kuroda 'quite sure' BOJ can smoothly withdraw stimulus

Bank of Japan Gov. Haruhiko Kuroda said he is "quite sure" the central bank can smoothly exit from its massive monetary stimulus when the appropriate time comes. But he also said the BOJ "always" has room to expand monetary stimulus to achieve its 2 percent ...

May 8, 2017

BOJ chief Kuroda jokes that former job at ADB was more exciting

Haruhiko Kuroda joked that his previous role running the Asian Development Bank was more exciting than the assignment he's taken on as governor of the Bank of Japan. Kuroda, who's spearheaded massive monetary stimulus in Japan for more than four years but still faces an ...