Tag - interest

 
 

INTEREST

Japan Times
BUSINESS / Economy
Mar 2, 2023
Ex-BOJ governor Shirakawa urges re-examination of monetary framework and inflation targets
By allowing inflation to overshoot their targets, central banks 'forgot the difficulty of taking away the monetary punch bowl' and failed to tighten policy soon enough, he said.
Japan Times
BUSINESS / Economy
Feb 27, 2023
Ueda says benefits of BOJ stimulus outweigh side effects
Still, he acknowledged that some policy shifts had to come as a surprise to avoid speculation, a remark that may support the view of market players betting on change.
Japan Times
BUSINESS / Economy
Feb 27, 2023
G20 nations understand BOJ’s ongoing easing measures, Kuroda says
Japan’s price growth, currently above the BOJ’s 2% target, is mainly driven by imports and is expected to fall below the target in the fiscal year starting in April, Kuroda said on Saturday.
Japan Times
BUSINESS
Feb 25, 2023
Kazuo Ueda faces hurdles on the path to ending BOJ's massive monetary easing
Ueda told a parliamentary confirmation hearing that once he becomes BOJ governor, his 'greatest mission' is to make an appropriate decision regarding the timing of policy changes.
Japan Times
COMMENTARY / Japan
Feb 24, 2023
Can the BOJ's next governor resist calls to exit the ultraeasy monetary policy?
While Ueda will surely maintain the current policy for the time being, it is not clear whether he will take the risk of normalizing the monetary easing policy during his governorship.
Japan Times
BUSINESS
Feb 24, 2023
BOJ governor nominee says monetary easing needs to be maintained
Appearing at a confirmation hearing at the Lower House, Ueda also said he will pursue the stable and sustainable 2% inflation target set by the current BOJ governor.
Japan Times
BUSINESS
Feb 24, 2023
Nearly half of Japan's firms want BOJ to revise negative rate policy
In the next most common response, 28% said the central bank should revise its 2% inflation target.
Japan Times
BUSINESS
Feb 22, 2023
BOJ likely to raise interest rates gradually, former board member says
Makoto Sakurai, who has known Bank of Japan governor nominee Kazuo Ueda for decades, sees little chance of a big policy shift at Ueda’s first policy meeting.
Japan Times
BUSINESS / Economy
Feb 16, 2023
BOJ head nominee Kazuo Ueda to speak at Lower House Feb. 24, lawmaker says
The hearing will be closely watched by markets for clues on how the 71-year-old academic could steer the central bank out its prolonged ultraloose monetary policy.
Japan Times
BUSINESS / Economy
Feb 14, 2023
Policy path in focus as Kazuo Ueda nominated to be Bank of Japan chief
An academic, author and former BOJ board member, Ueda will be tasked with leading the BOJ through a challenging period.
Japan Times
JAPAN
Feb 9, 2023
LDP said to be divided if Kishida seeks BOJ pivot
With the nomination of a new governor likely to come next week, several party members said there will be opposition within the party if Kishida chooses Hirohide Yamaguchi.
Japan Times
BUSINESS / Economy
Jan 26, 2023
BOJ policymakers divided on wage and inflation outlook, meeting summary shows
The divergence in views highlight the challenge policymakers face in determining whether the recent cost-driven rise in inflation will shift to one backed by robust demand and higher wages.
Japan Times
BUSINESS / Economy
Jan 26, 2023
MUFG markets chief says BOJ may ditch ultraeasy policy by September
Such a move would depend on stable price increases and wage growth, as well as the health of the U.S. and European economies, Hiroyuki Seki said.
Japan Times
BUSINESS
Jan 13, 2023
BOJ watchers see earlier policy shift after December’s surprise
While a survey of 43 economists showed all but one predicting the central bank to leave policy unchanged next week, some 38% of respondents now forecast moves either in April or June.
Japan Times
BUSINESS / Markets
Jan 12, 2023
BOJ may end yield-curve control next quarter
The forecast mirrors growing expectations among investors that the BOJ's decision last month to double the 10-year yield ceiling to 0.5% was just the first step of more policy changes.
Japan Times
COMMENTARY / World / The Year Ahead
Jan 6, 2023
Will central banks do what it takes?
Restoring positive real interest rates — thereby stabilizing inflation — may require monetary policy to be kept tighter for longer than many policymakers seem to expect.
Japan Times
COMMENTARY / World
Jan 5, 2023
It’s now clear that quantitative easing was a colossal policy mistake
There's no convincing evidence that central banks' purchases of trillions of dollars of bonds and other financial assets helped any economy.
Japan Times
COMMENTARY / Japan
Dec 28, 2022
Haruhiko Kuroda spent 2022 showing the courage to be disliked
Bank of Japan Gov. Haruhiko Kuroda ticked nearly everyone off in a chaotic year. He won't care.
Japan Times
BUSINESS
Nov 28, 2022
South Korean central bank governor warns against Japan-like stimulus
The country should instead embark on long-delayed structural reforms, central bank Gov. Rhee Chang-yong said.
Japan Times
BUSINESS / Economy
Nov 10, 2022
BOJ's Kuroda lays out framework for future exit from easy policy
Kuroda brushed aside the chance of a near-term interest rate hike, stressing that the BOJ must continue to underpin a fragile economic recovery with loose monetary policy.

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