IMF Says Yen's Recent 'Significant' Fall Reflects Fundamentals
The yen's recent "significant" depreciation reflects fundamentals, such as market expectations of differing monetary policy paths between Japan and the United States, a senior International Monetary Fund (IMF) official said on Thursday.
BOJ Kuroda Defends Remark On Households' Acceptance Of Price Hikes
Bank of Japan Governor Haruhiko Kuroda on Tuesday defended his remark a day earlier that households were becoming more accepting of price hikes, saying it was made in the context of explaining the need for wages to rise more.
BOJ's Priority Is To Support Economy With Monetary Easing -Kuroda
Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank's top priority was to support the economy by maintaining its "powerful" monetary stimulus.
BOJ's Kuroda Vows Unwavering Stance In Keeping Ultra-easy Policy
Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank's top priority was to support the economy, stressing an unwavering commitment to maintaining "powerful" monetary stimulus.
Japan Price Pressures Mount As Firms Ditch 'Deflation' Model, Says BOJ Official
Japan may see inflationary pressure build as more companies shift away from a business model that worked under a prolonged period of deflation, Bank of Japan board member Seiji Adachi said on Thursday.
Asia's Factory Activity Slows In May As China COVID Curbs Weigh
Asia's factory activity slowed in May as China's heavy-handed coronavirus curbs continued to disrupt supply chains and dampen demand, adding to woes for some countries in the region that are already struggling with surging raw material prices.
BOJ Must Maintain Easy Policy Until Wages Rise More, Says Deputy Gov Wakatabe
The Bank of Japan must maintain its massive monetary stimulus as inflation has yet to sustainably achieve its 2% target, deputy governor Masazumi Wakatabe said on Wednesday, stressing the need to create an environment in which wages can rise faster.
Kuroda Says BOJ Can Achieve Smooth Exit From Loose Money Policy
Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank can execute a smooth exit from its ultra-loose monetary policy, though doing so "won't be easy".
BOJ's Kuroda Vows To Keep Easy Policy, Remain Dovish G7 Outlier
The Bank of Japan will keep interest rates ultra-low as inflation won't pick up much, governor Haruhiko Kuroda said on Friday, underscoring the view that Japan will remain an outlier among G7 nations eyeing monetary policy tightening.
Analysis-BOJ's Dovish Isolation Draws Public Heat Ahead Of Leadership Change
A rapid decline in the yen and market distortions caused by current monetary settings have raised the political heat on the Bank of Japan as it becomes increasingly isolated in a world of hawkish-leaning central banks.
Kuroda Rules Out Near-term Chance Of Tweaking BOJ's Dovish Guidance
Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank will maintain its dovish guidance on the future path of interest rates for the time being, as the coronavirus pandemic continues to weigh on the fragile economy.
Japan April Consumer Inflation Seen Exceeding Central Bank's 2% Goal: Reuters Poll
Japan's core consumer inflation in April is expected be slightly higher than the central bank's 2% target, hitting a seven-year peak as sharp climbs in fuel and global commodity costs push up the cost of living.
Analysis-BOJ Still A Lone Dove, But Less So As Global Price Pressures Intensify
The Bank of Japan is dropping hints the recent rise in inflation may prove longer-lasting and driven by solid demand, a sign global price pressures are prodding even the world's most dovish central bank to think about a more neutral policy stance.
BOJ Official Rules Out Policy Tweak To Counter Weak Yen-April Mtg Summary
A Bank of Japan policymaker said it was inappropriate to change monetary policy for the purpose of controlling exchange rates, a summary of opinions at the April meeting showed, brushing aside the idea of countering sharp yen falls with interest rate hikes.
BOJ's Bond Buying Draws Scrutiny After Ex-PM Calls Central Bank A Govt 'Subsidiary'
Japanese policymakers were forced to reassure markets on Tuesday the government was not forcing the Bank of Japan to bank-roll public debt, after former premier Shinzo Abe described the central bank as a government "subsidiary" that can fund its spending indefinitely.
BOJ Policymakers Unwavering On Easy Policy Stance - March Meeting Minutes
Bank of Japan (BOJ) policymakers remained unwavering in their resolve to keep massive monetary stimulus, even as some saw signs of change in the country's low-inflation environment, minutes of their March policy meeting showed on Monday.
Moving Against Global Tide, BOJ Set To Keep Ultra-low Rates, Dovish Guidance
The Bank of Japan is set to maintain ultra-low interest rates on Thursday and warn of heightening risks to the economy from soaring raw material costs, signalling its resolve to focus on boosting growth with massive monetary stimulus.
BOJ Doubles Down On Super-easy Policy; Yen Hits 20-yr Lows, Bonds Rally
The Bank of Japan on Thursday doubled down on its commitment to maintain its massive stimulus programme and a pledge to keep interest rates ultra-low, triggering a fresh sell-off in the yen and sending government bonds rallying.
BOJ Bolsters Commitment To Ultra-easy Policy, Triggers Yen Sell-off
The Bank of Japan on Thursday strengthened its commitment to keep interest rates ultra-low by vowing to buy unlimited amounts of bonds daily to defend its yield target, triggering a fresh sell-off in the yen and sending government bonds rallying.
BOJ Doubles Down On Super-easy Policy Stance; Yen Slides, Bonds Rally
The Bank of Japan on Thursday doubled down on its commitment to maintain its massive stimulus programme and a pledge to keep interest rates ultra-low, triggering a fresh sell-off in the yen and sending government bonds rallying.
Moving Against Global Tide, BOJ Keeps Ultra-low Rates, Dovish Guidance
The Bank of Japan on Thursday maintained its massive stimulus programme and a pledge to keep interest rates ultra-low, reinforcing its resolve to support a fragile economy even as sharp rises in raw material costs push up inflation.
Japan PM Kishida Urges BOJ To Keep Ultra-low Rate Policy
Japanese Prime Minister Fumio Kishida on Tuesday urged the central bank to maintain its ultra-loose monetary policy, brushing aside the idea of using interest rate hikes to prevent further declines in the yen.
IMF Warns Asia Faces 'Stagflationary' Economic Outlook
The Asian region faces a "stagflationary" outlook amid significant uncertainty with economic growth being lower than previously expected and inflation being higher, a senior International Monetary Fund (IMF) official said on Tuesday.
IMF Warns Of 'Stagflationary' Risks In Asia, Cuts Growth Outlook
The Asian region faces a "stagflationary" outlook, a senior IMF official warned Tuesday, citing the Ukraine war, spike in commodity costs and a slowdown in China as creating significant uncertainty.
BOJ To Keep Ultra-low Rates, Dovish Stance As Inflation Clouds Recovery
The Bank of Japan is set to maintain ultra-low interest rates on Thursday and hold off from major tweaks to its dovish policy guidance, as rising raw material costs force it to focus on underpinning a fragile economic recovery.
Japan Tells U.S. Recent Yen Falls 'Sharp'
Japanese Finance Minister Shunichi Suzuki said on Friday that recent drops in the yen were "sharp" and agreed with his U.S. counterpart to communicate closely on currency moves.
Japan's Cenbank Is Not Aiming To Manipulate Currency, PM Says
Japanese Prime Minister Fumio Kishida said the central bank's monetary policy is aimed at achieving its 2% inflation target, not at manipulating currency rates, brushing aside the view the country must end an ultra-low interest rate policy to stem sharp yen declines.
BOJ's Kuroda Vows Easy Policy, Warns Of Economic Hit From Rising Import Costs
Bank of Japan Governor Haruhiko Kuroda on Wednesday warned the recent rise in inflation driven by higher import costs could hurt the economy, stressing the central bank's resolve to keep monetary policy ultra-loose.
BOJ Won't Introduce Digital Yen As Means For Negative Rates - Central Bank Official
The Bank of Japan (BOJ) will not introduce a digital yen as a means to achieve negative interest rates, an idea sometimes discussed in academic circles, a senior central bank official said on Wednesday.
Japan's Wholesale Inflation Stays Near Record On Ukraine War, Weak Yen
Japan's wholesale inflation remained near record-high levels in March as the Ukraine crisis and a weak yen pushed up fuel and raw material costs, data showed on Tuesday, adding strains to the resource-poor economy heavily reliant on imports.