NEWSWORTHY
Lagging inflation and indecisiveness could delay Bank of Japan's exit from easing
The Bank of Japan's preferred inflation gauge fell for the second straight month in April, dropping from 0.9 percent in the previous month to 0.7 percent, as consumer prices refuse to cooperate with the BOJ's 2 percent inflation target, according to government data released ...
The government needs to press ahead with structural reforms to create new homegrown avenues of growth.
Japan's March household spending slumps, suggesting economy slowed in first quarter
Household spending fell 0.7 percent in March from a year earlier to mark the second straight month of decline, underscoring the view the economy suffered a temporary lull in the first quarter as bad weather hurt consumption. Income slid 3.8 percent in March, dropping for ...
Second-longest U.S. expansion on record keeps churning out jobs
The U.S. economy has delivered steady if only modest gains for most Americans since the Great Recession ended in 2009. It's been a frustration for many. Yet the very sluggishness of the economic expansion helps explain why it's now the second-longest on record and why ...
BOJ policy meeting removes 'deadline' for price goal, but keeps policy steady
After pushing its deadlines back multiple times, the BOJ Policy Board makes a surprise decision to get rid of its time frame for stoking 2 percent inflation.
Inflation slips as yen’s rise complicates Bank of Japan’s 2% goal
Japan's key price indicator slipped in March after hitting 1 percent in February, yet the underlying trend is seen remaining intact as Bank of Japan Gov. Haruhiko Kuroda begins his second term vowing to achieve 2 percent inflation. Consumer prices excluding fresh food rose 0.9 ...
BOJ set to forecast inflation of about 2 percent for fiscal 2020 as labor shortage continues
The Bank of Japan is likely to adopt an inflation forecast of around 2 percent for fiscal 2020 that excludes the impact of the consumption tax hike planned for October 2019, it has been learned. The projection will be included in the central bank's quarterly ...
In quarterly Sakura Report, Bank of Japan upgrades two of nine regional economies
The Bank of Japan on Thursday raised its assessments for two of the country's nine regional economies, underscoring a steady economic recovery amid robust exports and an uptick in household spending. In its quarterly Sakura Report, the central bank upgraded its view of the Shikoku ...
Does the annual 2 percent inflation target still need to be maintained and tied to an exit from the BOJ's massive monetary stimulus?
Bank of Japan gets halfway to inflation target, but stronger yen clouds outlook
Japan's key inflation gauge ticked up in February, putting the Bank of Japan halfway to its goal of 2 percent. Yet a strengthening yen and the threat of a global trade war underscore the central bank's vulnerability to global markets and events. The core consumer ...
BOJ deputy governor seeks stronger policy to drive inflation as price gains remain tepid
One of the Bank of Japan's newly appointed deputy governors said consumer prices are not rising quickly enough and the central bank should strengthen its policy stance if possible, underscoring a still-tepid inflation outlook in the nation despite years of stimulus. Masazumi Wakatabe, speaking in ...
