Bank of Japan keeps easing policies in place, reaffirming position as global outlier
The decision by the central bank was widely expected among economists, as long-time Gov. Haruhiko Kuroda has shown no sign of departing from his dovish policy.
BOJ stands pat on policy despite pressure following Fed rate hike
While many economists had said a policy shift was unlikely, the Fed’s decision to introduce its largest rate hike since 1994 had fueled speculation that an adjustment might be made.
BOJ’s rock-bottom rates are crucial for Kishida’s spending plans
The prime minister has signed off on changes to an annual fiscal policy plan that loosen rather than tighten the corset constraining the nation’s spending plans.
BOJ's dovish isolation draws public heat ahead of leadership change
Opposition lawmakers are grilling the BOJ regularly for allowing the currency to weaken and push up living costs, putting Prime Minister Fumio Kishida in a tight spot.
Yen slides past ¥130 to the dollar after BOJ doubles down on bond buying
The Bank of Japan's decision had been widely expected among economists, despite ongoing speculation the bank might take action in light of a recent slide in the yen rate to a two-decade low.
Bank of America analysts see BOJ ending negative rates with October hike
The report is likely to fuel speculation over possible BOJ policy normalization even though Gov. Haruhiko Kuroda has repeatedly rejected the idea, given ongoing weakness in inflation.
Ex-official warns BOJ against using digital yen to juice policy
Hiromi Yamaoka said that while it’s clear Japan’s payment systems need to change, he is totally against the idea of the central bank using a digital yen to gain extra policy leverage.
Bank of Japan expected to maintain stimulus and weigh COVID-19 aid
Most economists don’t anticipate a decision on the bank's pandemic support measures until next month’s policy meeting, given uncertainties over the omicron variant.
BOJ to extend COVID-19 aid as virus fight drags on, survey shows
Some 89% of 44 economists surveyed see the bank keeping in place its negative interest rate and asset purchase settings.
BOJ member saw need to expand easing for inflation goal, meeting summary shows
At the April 26-27 gathering, the BOJ projected that the central bank's 2% target will not be met before Gov. Haruhiko Kuroda's current term ends in April 2023.
Japan to miss key 2% inflation target again as policy coordination loosened
"It’s hugely symbolic that even Kuroda can’t hit the target after a decade,” said a chief economist and former Bank of Japan official.
