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May 03, 2024
 

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INFLATION 3

Japan Times
BUSINESS / Markets
Oct 31, 2017
BOJ leaves stimulus program unchanged while trimming inflation forecasts
The Bank of Japan left its massive monetary stimulus program unchanged even as it trimmed its inflation forecasts, signaling further divergence ahead from its global peers.
Japan Times
BUSINESS / Economy
Oct 27, 2017
Japan's consumer prices rise for ninth month, but inflation remains way off target
Japan's core consumer prices marked a ninth straight month of annual gains in September but failed to accelerate from the previous month, underscoring the central bank's huge task as it struggles to meet an ever-elusive 2 percent inflation target.
Japan Times
BUSINESS
Oct 26, 2017
Abe calls on firms to reach 3 percent pay hike at next spring's wage talks
Prime Minister Shinzo Abe on Thursday called for pay hikes through negotiations between management and labor unions next spring, making such a request for the fifth straight year in a bid to inject fresh momentum into wage growth.
BUSINESS / Economy
Oct 12, 2017
September wholesale prices rise at fastest pace in nine years
Wholesale prices rose 3.0 percent in September from a year earlier, gaining at the fastest pace in about nine years amid higher oil prices, the Bank of Japan said Thursday.
BUSINESS / Economy
Oct 6, 2017
Abe's free education plan may hamper BOJ effort to stoke inflation
Prime Minister Shinzo Abe's campaign pledge to expand free education may come with an unintended consequence: a hit to the Bank of Japan's efforts to spur inflation.
Japan Times
BUSINESS / Economy
Sep 29, 2017
Japan's strong inflation, factory output point to robust recovery
A flurry of positive Japanese economic indicators bolsters optimism about the world's No. 3 economy.
Japan Times
BUSINESS / Economy
Sep 25, 2017
Kuroda confident that rising labor costs will lift inflation toward BOJ's 2% target
Bank of Japan Gov. Haruhiko Kuroda said on Monday that inflation will pick up in line with the central bank's projections, a show of confidence coming days after the BOJ decided to continue using unprecedented monetary easing measures to shore up the economy.
Japan Times
BUSINESS / Economy
Aug 2, 2017
More economists predict inflation will peak this autumn
An increasing number of economists forecast that consumer prices will not only fail to meet the Bank of Japan's target, but that they will peak as soon as this autumn, in stark contrast with the view from Gov. Haruhiko Kuroda and his policy board.
Japan Times
BUSINESS
Jul 27, 2017
Takatoshi Ito, who sold Kuroda on inflation targets, now contender for top job
During countless shared lunches and impromptu meetings, Takatoshi Ito made a detailed and persuasive case that sold Haruhiko Kuroda on the inflation targeting regime he's pursued relentlessly as governor of the central bank. That was back in 1999, when Kuroda ran Japan's currency policy at the Finance Ministry and Ito was his deputy.
Japan Times
BUSINESS / Economy / FOCUS
Jul 25, 2017
Wages shape up as key to Abenomics and the future of Abe himself
To shore up his ailing administration, Shinzo Abe is vowing to focus on the economy. But instead of unleashing yet more stimulus, analysts say the prime minister needs to take a hammer to an old chestnut: moribund wage growth.
Japan Times
COMMENTARY / Japan
Jul 23, 2017
Japan's struggles are hardly unique
Victory in Japan's battle with too-low inflation looks as elusive as ever.
Japan Times
BUSINESS / FOCUS
Jul 21, 2017
Another BOJ term for Kuroda in doubt as experts now see 2% inflation target as unattainable
The Bank of Japan's latest delay in reaching its 2 percent inflation target despite more than four years of aggressive monetary easing has cast a shadow over Gov. Haruhiko Kuroda's chances at a new term.
Japan Times
BUSINESS
Jul 3, 2017
Assad image appears on Syrian currency for first time
President Bashar Assad has appeared on the Syrian currency for the first time, his portrait printed on a new 2,000-pound banknote that went into circulation on Sunday.
Japan Times
BUSINESS / Economy
Jun 16, 2017
BOJ keeps policy unchanged amid growing pressure to discuss stimulus exit plan
With inflation still distant from its target, the Bank of Japan left its monetary stimulus program on cruise control, saying improving private consumption will support a growing economy.
Japan Times
BUSINESS / Economy
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.
Japan Times
BUSINESS / Economy
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.
BUSINESS / Economy
May 15, 2017
Wholesale prices up for fourth month on higher oil costs
Japan's wholesale prices rose 2.1 percent in April from a year earlier, up for the fourth straight month due to higher oil prices, Bank of Japan data showed Monday.
BUSINESS / Economy
Apr 3, 2017
BOJ's 'tankan' report shows big manufacturers' sentiment up amid robust exports
Business sentiment improved in March from three months earlier, with a global economic recovery and a weaker yen bolstering exports, a Bank of Japan survey showed Monday.
Japan Times
BUSINESS / Economy
Mar 24, 2017
BOJ won't raise bond yield target: Kuroda
The Bank of Japan's chief said Friday the central bank would not raise its long-term government debt yield target despite upward pressure from recent rises in overseas interest rates.
Japan Times
BUSINESS
Mar 22, 2017
Ex-BOJ member says government must allay pension jitters before reflating economy
Former Bank of Japan Policy Board member Sayuri Shirai says the central bank has done about all it can do to end the nation's deflationary mindset.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Saudi Arabia steps up Gaza-related arrests as Israel ties edge closer
The arrests for Gaza-related posts indicate Crown Prince Mohammed bin Salman’s regime will take a hard line against citizens not toeing the line when it comes to normalizing ties with Israel.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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