Kuroda says Bank of Japan's extra easing won't be limited to interest rate cuts
Bank of Japan Gov. Haruhiko Kuroda said Tuesday additional monetary easing by the central bank will not be limited to cutting interest rates, while adding that the economy is likely to stay firm despite the recent consumption tax hike. The BOJ last week said it ...
The world's most powerful policymakers are struggling to alleviate the pain of a slowing global economy with few levers left to pull and growing concern that one of them, negative interest rates, already is creating problems of its own. In an ideal world, elected officials ...
If it needs to ease monetary policy, the Bank of Japan will ‘certainly’ reduce short- to medium-term interest rates, Gov. Haruhiko Kuroda says.
Free bank accounts may become a thing of the past in Japan
Japan's long-suffering savers have put up with virtually zero interest for years, but at least their bank accounts have remained free. That may now change, as speculation mounts over the possible use of further monetary stimulus. Lenders could begin imposing maintenance fees for retail deposit account ...
Agency prices Japan bond with negative yield for first time as rates plunge
An agency priced a Japanese bond with a negative yield for the first time, in a sign that such debt sales may increase in the nation amid a global tumble in interest rates. Japan Student Services Organization, or JASSO, priced ¥30 billion ($281 million) two-year ...
BOJ's September meeting to be watched closely for new easing
The next policy-setting meeting of the Bank of Japan, set to be held from Sept. 18 to 19, is the subject of heightened attention as observers anticipate fresh monetary-easing after the yen's recent spike against other major currencies. The yen's appreciation, which has been attributed ...
This is how a negative rate policy works and its potential pitfalls: Why have some central banks adopted negative rates? To battle the global financial crisis accelerated by the collapse of Lehman Brothers in 2008, many central banks cut interest rates to near zero. A decade ...
Going negative? As trade war rages, central banks ponder radical steps
The negative interest rate policy — an unconventional gambit once only considered by economies with chronically low inflation, such as Europe and Japan — is becoming a more attractive option for other central banks eager to counter unwelcome currency rises. In Asia, central banks in ...
BOJ deputy governor says central bank ready to increase stimulus, and all options are on table
Bank of Japan Deputy Gov. Masayoshi Amamiya on Friday said the central bank is ready to ramp up stimulus and will consider all policy options, including deepening negative interest rates, if the loss of economic momentum hurts its efforts to boost inflation. Amamiya said the ...
BOJ vows to keep rates super-low for at least a year, and trims Japan growth and inflation forecasts
In the quarterly outlook, the BOJ stuck to its view that the economy will continue to expand moderately as a trend.
Bank of Japan should avoid pushing rates further below zero, head of lenders' association says
The new head of the nation's main banking lobby is warning the Bank of Japan against deepening negative interest rates, signaling that such a move could spur risky investment and put further pressure on lenders' profits. "It will be a quite difficult option to take," ...
Has monetary easing run its course?
Many warn that the stimulus potential is depleted, particularly in Japan, with its negative short-term interest rate.
