Don't be fooled by the yen's recent resilience against the dollar — it's dropping against the rest of its major peers at the fastest pace in six months. Japan's currency slumped 3.3 percent over the past four weeks against a basket of nine developed-nation counterparts ...
The Bank of Japan risks losing the confidence of investors by sticking to a bond-buying plan that is failing to drive inflation to its goal, says a former chief economist at the central bank. "It wouldn't be sustainable" to buy government debt at a faster ...
The Bank of Japan on Thursday refrained from boosting monetary stimulus even after inflation came to a halt, with Gov. Haruhiko Kuroda betting it will re-emerge as the impact from cheaper oil fades. The central bank stuck to its plan to expand the monetary base ...
The Bank of Japan appears to be wavering in its commitment to unprecedented monetary easing, said Kozo Yamamoto, an adviser to Prime Minister Shinzo Abe and an advocate of reflationary policies. "I'm worried the BOJ's attitude is wavering," Yamamoto said in an interview in Tokyo ...
Ending deflation is a priority for Japan, but would achieving that by pushing up costs for consumers and companies be truly good for the economy?
The Bank of Japan started a two-day policy meeting Tuesday in which it is likely to retain its current monetary easing policy despite the likelihood of consumer prices falling into negative territory. Amid moves by major companies to raise wages this spring, the BOJ has ...
The Bank of Japan is not ready to take additional monetary easing measures soon, despite growing concern over disinflation triggered by a plunge in global crude oil prices, BOJ Deputy Gov. Hiroshi Nakaso implied Monday. "If falling oil prices lower inflation but inflation expectations remain ...
The belief that monetary policy does not matter is exceedingly hazardous to any economy. Europe faces enough serious risks already; it should not needlessly add to them.
The Abe adminstration's retrograde focus on a lower exchange rate is arguably doing the economy more harm than good.
Investors who predict the European Central Bank will start buying government bonds this week to fight deflation shouldn't expect too much if Japan is any guide. The Bank of Japan's experience is a real-life example of the Keynesian economic theory of a liquidity trap, in ...
The Bank of Japan rejects the idea that additional monetary stimulus is needed to prevent a recent decline in oil prices from pulling down inflation, according to sources familiar with the discussions. For now, policymakers assess that while cheaper energy costs may weigh on consumer ...
The Bank of Japan looks increasingly likely to cut its inflation forecasts next month, sources say, making its target of 2 percent in the year from April look ever more ambitious, just three months after it eased monetary policy to keep the goal in ...
