The Bank of Japan (BOJ) on Friday widened the band at which it allows long-term interest rates to move around its target, as part of a raft of measures to make its ultra-easy policy more sustainable amid a prolonged battle to fire up inflation index.
The Bank of Japan (BoJ) is expected to slightly revise up its inflation forecast for the fiscal year beginning in April on rising energy costs, though the new projection will still be below its 2 per cent target, sources said. With price hikes
A weak yen may be hurting Japanese households more than in the past, as the country’s increasing reliance on more expensive raw material imports pushes up the cost of living, Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Thursday.
Bank of Japan (BOJ) Governor Haruhiko Kuroda on Monday brushed aside the chance of a near-term exit from ultra-loose monetary policy, although markets and policymakers are signalling an increasing focus on what comes after Kuroda’s tenure ends. Investors have continued to push up Japanese government bond (JGB) yields
Japanese stocks ended lower on Wednesday, tracking an extended sell-off in Asian shares, as investors refrained from placing big bets amid the Bank of Japan’s absence in supporting the market despite a sharp drop in the previous session. The Nikkei share average
The Bank of Japan surprised markets on Friday by unveiling a plan to boost funding for fighting climate change, joining a growing number of central banks stepping up efforts to address its economic and financial fallout.
Bank of Japan (BOJ) board member Naoki Tamura on Wednesday warned of the risk of an overshoot in inflation and said the timing of an end to ultra-loose monetary policy will depend on economic, price and wage developments ahead. He also said the central bank will weigh the pros and cons of its current policy framework, in
Japanese Prime Minister Fumio Kishida had earlier this week announced the name of the new governor of Bank of Japan, and it has sparked much speculation in the economy circles. The new man is Kazuo Ueda, the Massachusetts Institute of Technology (MIT)-trained economist and a professor. He will replace Haruhiko Kuroda,