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May 03, 2024
 

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INFLATION 3

BUSINESS / Economy
Sep 27, 2013
Energy-driven inflation rate puts pressure on Abe to engineer wage hikes
Inflation in August accelerated at its fastest pace since 2008 on higher energy costs, underscoring pressure on Prime Minister Shinzo Abe to drive wage increases as he seeks to end the nation's 15-year deflationary spiral.
Japan Times
BUSINESS
Sep 22, 2013
Rajan's war on inflation puts onus on Singh
Indian central bank chief Raghuram Rajan's surprise move to raise the policy interest rate adds pressure on Prime Minister Manmohan Singh to take politically challenging steps to boost economic growth as elections near.
BUSINESS / Economy
Jul 31, 2013
BOJ doubted inflation target effect in 2003: minutes
Bank of Japan Gov. Toshihiko Fukui opposed the introduction of an inflation target when he assumed the post in March 2003, expressing doubt that monetary policy could affect prices by influencing public sentiment, according to the minutes of a policy meeting covering January to June 2003.
BUSINESS
Jun 1, 2013
BOJ's 2% inflation goal doable, IMF says
The International Monetary Fund said Friday that the Bank of Japan's commitment to a 2 percent inflation target "could be achieved" if the government takes effective measures to bolster economic growth and restore its fiscal health, the worst among developed nations.
Japan Times
COMMUNITY / Voices / VIEWS FROM THE STREET
May 21, 2013
Yokohama: What do you think of the prime minister's 'Abenomic' strategy so far?
Businesses are getting better, and at least finance types are strong. But in my business salaries are not going up.
EDITORIALS
May 9, 2013
Inflation goal kills BOJ flexibility
The Bank of Japan should not stick to its 2 percent inflation goal at the expense of flexibility in its monetary policy. The goal also could cause undesirable side effects.
BUSINESS / Economy
Apr 19, 2013
BOJ's Miyao confident on 2% inflation goal
A Bank of Japan policymaker said Thursday that the central bank's experimental quantitative easing measures will bolster the economy and push up prices, expressing confidence that its 2 percent inflation target can be achieved.
EDITORIALS
Apr 7, 2013
Money that's twice as easy
The Bank of Japan, under its new governor, doubles down on monetary easing with a policy boldly aimed at a 2 percent inflation target in two years.
Japan Times
BUSINESS / Economy
Feb 20, 2013
BOJ members troubled by 2% target: minutes
Some Bank of Japan policymakers pointed to the difficulty of achieving 2 percent inflation at their Jan. 21-22 meeting when the central bank decided to introduce the target, according to the minutes released Tuesday.
EDITORIALS
Jan 23, 2013
Manipulation of a key index
Even during Japan's bubble economy of the late '80s, average annual inflation was 0.7 percentage point shy of the just-adopted 2 percent target.
BUSINESS / Economy
Jan 23, 2013
BOJ agrees to uphold Abe's 2% inflation target
The Bank of Japan on Tuesday adopted a 2 percent inflation target, caving in to pressure from Prime Minister Shinzo Abe, while calling for closer coordination and implementation of bold measures to fight deflation in a joint statement released with the government.
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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