BOJ Official Warns Against Excessive Volatility In Yen Moves
A senior Bank of Japan (BOJ) official on Monday warned that excessive volatility in yen moves could hurt growth, after the currency's slide below the key 125 yen threshold on the dollar raised concerns about broader risks to the import-reliant economy.
BOJ Cuts View On Regional Japan, Warns Of Fallout From Ukraine Crisis
The Bank of Japan on Monday cut its assessment for most regional economies in the country and its governor warned of "very high uncertainty" over the fallout from the Ukraine crisis, underscoring heightening risks to the economic recovery.
BOJ Cuts View On Most Japan Regions, Warns On Ukraine Impact
The Bank of Japan on Monday cut its assessment for most regional economies in the country and its governor warned of "very high uncertainty" over the fallout from the Ukraine crisis, underscoring heightening risks to the economic recovery.
Analysis-BOJ's Bet On Career Pragmatist Sets Bank Up For Post-Kuroda Era
The Bank of Japan's rare reappointment of a veteran technocrat behind the country's massive monetary stimulus positions the bank for an eventual exit from governor Haruhiko Kuroda's radical policies when his term ends next year.
BOJ's Bet On Career Pragmatist Sets Bank Up For Post-Kuroda Era
The Bank of Japan's rare reappointment of a veteran technocrat behind the country's massive monetary stimulus positions the bank for an eventual exit from governor Haruhiko Kuroda's radical policies when his term ends next year.
Japan Households Projecting Higher Inflation Hits 14-year High
The proportion of Japanese households expecting prices to rise a year from now has hit a 14-year high, a central bank survey showed on Thursday, as inflationary pressures from rising raw material costs grew.
BOJ Policymaker Emphasises Benefits Of Weak Yen To Japan's Economy
The benefits of a weak yen outweigh the demerits for Japan's export-oriented economy, central bank policymaker Asahi Noguchi said on Thursday, brushing aside the view the currency's recent decline would hurt the economy by boosting import costs.
BOJ Policymaker Stresses Need For Easy Policy Despite Rising Inflation
Bank of Japan board member Asahi Noguchi said on Thursday the central bank must maintain ultra-easy monetary policy, even as rising commodity costs are expected to accelerate inflation toward its elusive 2% target.
BOJ's Kuroda Cautions That Recent Yen Moves Have Been 'Somewhat Rapid'
Bank of Japan Governor (BOJ) Haruhiko Kuroda said on Tuesday the yen's recent moves were "somewhat rapid," joining a chorus of policymakers who have warned that sharp falls in the currency could hurt the country's import-reliant economy.
BOJ's Kuroda Says Pick-up In Inflation May Hurt Economy, Pledges Easy Policy
An expected acceleration of inflation could hurt Japan's economy by weighing on household income and corporate profits, Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Tuesday, promising to maintain a "powerful", ultra-loose monetary policy.
Analysis-BOJ To Keep Rates Low As Strong, Not Weak, Yen Still Kuroda's Enemy No. 1
Haruhiko Kuroda built a career battling a strong yen and the Bank of Japan governor is unlikely to change course in his final year at the helm, eight sources said, despite political pressure to acknowledge that the weak currency is now a problem.
BOJ To Keep Rates Low As Strong, Not Weak, Yen Still Kuroda's Enemy No. 1
Haruhiko Kuroda built a career battling a strong yen and the Bank of Japan governor is unlikely to change course in his final year at the helm, eight sources said, despite political pressure to acknowledge that the weak currency is now a problem.
Asia's Factory Activity Slows As Ukraine Crisis, Inflation Bite
Most Asian factories saw activity slow in March, as slumping Chinese demand and rising raw material costs blamed on the Ukraine crisis added strains to firms already suffering from lingering supply chain disruptions.
BOJ Ramps Up Battle To Defend Yield Cap In 2nd Day Of Intervention
The Bank of Japan on Tuesday kept up its relentless quest to defend a key yield cap by offering to buy unlimited amounts of 10-year government bonds, putting even more downward pressure on the yen and testing its resolve to keep policy ultra-loose.
BOJ Ramps Up Battle To Defend Yield Cap Even As Weakening Yen Raises Economic Risk
The Bank of Japan on Tuesday kept up its relentless quest to defend a key yield cap by offering to buy unlimited amounts of 10-year government bonds, putting even more downward pressure on the yen and testing its resolve to keep policy ultra-loose.
BOJ Policymakers Saw Need For Easy Policy Despite Rising Prices - March Meeting Summary
Bank of Japan policymakers stressed the need to keep monetary policy ultra-loose, even as some of them saw signs of growing inflationary pressure from the Ukraine crisis, a summary of opinions at their March meeting showed on Tuesday.
BOJ Offers Four Days Unlimited Bond-buying To Defend Yield Cap
Struggling to swim against the tide taking interest rates higher globally, the Bank of Japan staunchly defended its 0.25% yield cap on Monday by offering to buy an unlimited amount of government bonds for the first four days of this week.
BOJ Offers To Buy Unlimited 10-year Bonds To Defend Yield Ceiling
The Bank of Japan on Monday offered to buy unlimited amounts of 10-year Japanese government bonds (JGBs) at 0.25%, stepping into the market to defend its implicit yield cap for the second time this year.
BOJ Policymaker Warns Of Prolonged Inflation Due To Ukraine War
Japan may see consumer inflation creep up and stay near the central bank's 2% target for a prolonged period if the war in Ukraine continues to drive commodity prices higher, Bank of Japan policymaker Goushi Kataoka said on Thursday.
BOJ To Maintain Huge Stimulus As Ukraine Crisis Adds To Economic Woes
The Bank of Japan is set to maintain its massive stimulus on Friday and focus on risks to a fragile economic recovery from the Ukraine crisis, reinforcing expectations it will remain an outlier amid a global shift towards tighter monetary policy.
BOJ Maintains Huge Stimulus, Warns Of Growth Risks From Ukraine Crisis
The Bank of Japan maintained its massive stimulus on Friday and warned of heightening risks to a fragile economic recovery from the Ukraine crisis, reinforcing expectations that it will stay an outlier in the global shift towards tighter monetary policy.
BOJ Keeps Huge Stimulus, Cautious Tone As Ukraine Crisis Clouds Outlook
The Bank of Japan maintained its massive stimulus on Friday and warned of heightening risks to a fragile economic recovery from the Ukraine crisis, reinforcing expectations it will remain an outlier in the global shift towards tighter monetary policy.
BOJ's Kuroda Sees Inflation Remaining Short Of 2% Target
Japan is unlikely to see inflation hitting a central bank target of 2%, even accounting for rising energy costs, Bank of Japan Governor Haruhiko Kuroda said on Thursday, making the case for keeping monetary policy ultra-easy.
Japan Households Accumulate Record Financial Assets As COVID Curbs Spending
Japanese households accumulated a record $17 trillion in financial assets as of December last year, roughly four times the size of its economy, as the COVID-19 pandemic kept consumers housebound, saving their money instead of spending it.
Weak Growth, Inflation To Keep BOJ An Outlier With Dovish Policy Tone
The Bank of Japan is set to keep monetary policy ultra-loose on Friday and warn of heightening economic risks from the Ukraine crisis, unfazed by prospects of rising inflation and anticipated U.S.
Japan's Wholesale Prices Rise At Record Pace; Ukraine To Spur Prices Further
Japan's wholesale inflation accelerated in February at the fastest pace in roughly four decades on rising fuel costs, a sign inflationary pressures were building up even before the Ukraine crisis triggered a broad-based surge in commodity prices.
BOJ Has Little Room To Move As Ukraine Clouds Recovery, Prices Soar
The crisis in Ukraine is giving the Bank of Japan a headache not facing other major central banks, forcing it to maintain a more dovish stance on monetary policy despite rising inflationary pressures and a dearth of tools to combat another economic downturn.
Japan Likely To Avert Stagflation, Says Senior Central Banker
Japan is unlikely to slide into stagflation, a condition where rising inflation and shrinking economic growth co-exist, a senior central bank official said on Wednesday.
Japan Bank Lending Growth Slows To Decade-low As Pandemic-induced Strain Eases
Japan's bank lending rose at the slowest increase in a decade in February as immediate pressure for corporates to borrow cash continued to ease amid a broader economic recovery from the pandemic slump.
Ukraine Crisis May Hurt Japan's Economy Via Fuel Spike, Says BOJ Policymaker
The crisis in Ukraine could hurt Japan's economy by driving up the price households and companies pay for fuel and commodities, a central bank policymaker said on Thursday, signaling the need to maintain massive stimulus to support a fragile recovery.