Bank of Japan mulled another cut to short-term rates at September Policy Board meeting
Bank of Japan policymakers discussed the potential for further easing at their latest meeting, with one member suggesting another cut to short-term interest rates amid rising expectations for additional stimulus, a summary of their opinions showed Monday. Lingering concerns over the global economic outlook and ...
Some BOJ policymakers worried about negative rates, minutes show
Minutes from the Bank of Japan's April policy meeting showed some members expressed misgivings over its negative interest rate policy. "A few members argued that the negative interest rate policy would impair the functioning of financial markets and financial intermediation as well as stability of ...
BOJ qualifies on website only that Policy Board pair 'completed' Todai PhD programs
The Bank of Japan said Monday its website states that two of its Policy Board members "completed a PhD program in economics" at the University of Tokyo graduate school, not that they held doctoral degrees. The brief website biographies for BOJ Deputy Gov. Kikuo Iwata ...
BOJ's new summary of thinking gives little clue for future policy
The Bank of Japan released its first summary of opinions from a monetary policy board meeting Friday, providing an outline of what was discussed at the Dec. 17-18 gathering while giving little new guidance on the future course of monetary policy. Gov. Haruhiko Kuroda edited ...
Abe will have chance to name more women to BOJ board
Prime Minister Shinzo Abe has a chance to appoint a second female to the Bank of Japan's Policy Board next year, which would mark a first in the institution's 132-year history, said one of his advisers, Etsuro Honda. "Increasing the number of females would be ...
The Bank of Japan on Tuesday kept its monetary policy steady, saying the economy is recovering despite the jolt it suffered from the consumption tax hike in April, but the bank downgraded its assessment of industrial output. The decision came as market participants believe the ...
Division on Japan's monetary easing revealed by 2004 central bank minutes
Bank of Japan policymakers were divided in 2004 on whether to follow a policy of further monetary easing despite signs of economic recovery, according to minutes released Wednesday. The bank expanded its quantitative easing at the policy meeting held Jan. 19 to 20, 2004, with ...
BOJ stays policy course, aware of sales tax hike hit
The Bank of Japan on Tuesday left its ultra-loose monetary policy unchanged, while acknowledging the consumption tax hike introduced this month will have a negative impact on the economy. During a two-day meeting that ended Tuesday, the nine-member Policy Board unanimously decided to maintain its ...
The Bank of Japan said Wednesday it will maintain its ultraeasy monetary policy and keep unchanged its consumer price outlook for fiscal 2015 at 1.9 percent, near its 2 percent inflation target aimed at beating deflation. The nine-member Policy Board unanimously decided that the bank ...
The Bank of Japan on Friday maintained its ultra-easy monetary policy and left unchanged its assessment of the domestic economy, saying it is "recovering moderately" amid continuing improvements in business sentiment and consumer spending. The Policy Board decided unanimously to keep intact the central bank's ...
Many Bank of Japan policymakers stressed the importance of maintaining fiscal management credibility to ensure stable interest rates and called on the government to promote fiscal consolidation, according to the minutes of their policy meeting last month. During the meeting Aug. 7 and 8, many ...
