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Toru Fujioka
Bank of Japan Gov. Kazuo Ueda said the timing of the central bank’s next policy adjustment will depend on the economy and prices during a speech in Nagoya on Monday.
BUSINESS / Economy
Nov 18, 2024
Yen weakens after Ueda’s caution on BOJ rate hike hints
The yen weakened as much as 0.5% to ¥155.14 against the dollar as Ueda’s comments proved less hawkish than some market participants had expected.
Japanese household spending fell in September for the second straight month as higher prices choked consumers' appetite.
BUSINESS / Economy
Nov 8, 2024
Japan’s households cut spending once again as prices rise
Consumer spending in Japan has consistently failed to show clear signs of strength as shoppers have been forced to cope with prices increasing.
Most economists expect the Bank of Japan to keep its benchmark interest rate unchanged during their policy meeting next week.
BUSINESS / Economy
Oct 24, 2024
BOJ watchers believe rate hike unlikely now as half brace for year-end shift
Analysts will be closely watching for policy hints from a two-day meeting that ends on Oct. 31, a few days after Prime Minister Shigeru Ishiba’s first general election.
Bank of Japan Gov. Kazuo Ueda speaks during the annual meetings of the IMF and World Bank in Washington on Wednesday.
BUSINESS
Oct 24, 2024
Ueda says right-sizing BOJ normalization ‘keeps me awake 24/7’
Ueda and his fellow board members are widely expected to keep their benchmark rate unchanged at the next policy meeting, ending Oct. 31.
Eiji Maeda, former executive of the Bank of Japan
BUSINESS / Economy
Oct 9, 2024
BOJ’s next hike likely to come in January, former official says
The central bank will be watching the U.S. presidential election, the trend in service prices this autumn and momentum ahead of next year’s annual wage talks.
The Bank of Japan raised it economic assessments for the Hokuriku and Tokai regions in its quarterly regional report Monday.
BUSINESS / Economy
Oct 8, 2024
BOJ signals it remains on rate hike path with regional report
The Bank of Japan indicated it remains on track to consider more interest rate hikes by upgrading its assessments for two regional economies.
Prime Minister Shigeru Ishiba meets with Bank of Japan Gov. Kazuo Ueda at the Prime Minister's Office on Wednesday.
BUSINESS
Oct 3, 2024
Further BOJ rate hike this year in doubt after Ishiba's surprise warning
A survey last month showed 53% of economists forecast the BOJ would push up interest rates in December, but that outlook is now in question.
The Bank of Japan's September board meeting summary suggests the BOJ will endeavor to send clearer hints before raising its benchmark rate again.
BUSINESS / Economy
Oct 1, 2024
BOJ keen to avoid surprises after rate hike tanked Nikkei, meeting notes show
The bank's July 31 rate hike shocked markets and prompted the 225-issue Nikkei average's biggest tumble on record.
Shoppers in Tokyo. Consumer inflation in the capital eased in September after outgoing Prime Minister Fumio Kishida reinstated energy subsidies to help households cope with one of the hottest summers on record.
BUSINESS / Economy
Sep 27, 2024
Tokyo inflation cools as government resumes energy subsidies
The government's energy subsidies were the biggest factors behind the deceleration, knocking 0.5 percentage point off overall inflation.
The Bank of Japan headquarters in Tokyo. Some 53% of economists surveyed by Bloomberg said the earliest timing for a rate change would be in October.
BUSINESS / Economy
Sep 13, 2024
Over half of BOJ watchers see next rate hike coming in December
The survey results show most analysts believe the market ructions after the July 31 rate hike didn't derail the BOJ from the normalization path.
Japan's economy expanded in the April-June period at a slightly slower pace than initially reported, largely due to downward revisions in corporate and personal spending.
BUSINESS / Economy
Sep 9, 2024
Japan’s softer economic rebound still keeps BOJ hike in play
In noninflation adjusted terms, the economy advanced 1.8% from the previous quarter.
The Bank of Japan headquarters in Tokyo. The BOJ was seen as having contributed to the global market meltdown in early August after its 0.25% hike.
BUSINESS / Economy
Sep 6, 2024
BOJ’s hiking pace may be faster than expected, ex-official says
While almost no economists expect the BOJ to adjust its benchmark rate on Sept. 20, many BOJ watchers expect another rate hike by January.
Hajime Takata, Bank of Japan's board member, says the bank needs to proceed with a further rate hike if inflation continues to develop.
BUSINESS / Economy
Sep 5, 2024
BOJ to need more hikes if justified by data, board member says
The remarks reinforce the recent message by Gov. Kazuo Ueda that the bank will continue to normalize its policies as conditions allow.
Bank of Japan Deputy Governor Ryozo Himino
BUSINESS / Economy
Aug 28, 2024
BOJ deputy governor sees rate hike justified if outlook realized
Bank of Japan Deputy Gov. Ryozo Himino's comments underscore the central bank's basically unchanged stance following ructions in the financial markets.
Bank of Japan Gov. Kazuo Ueda is scheduled to respond to questions from lawmakers in parliament on Friday.
BUSINESS / Economy
Aug 22, 2024
BOJ governor set to face intense scrutiny after market chaos
Gov. Kazuo Ueda will respond to questions from lawmakers in the Lower House on Friday morning, and those in the Upper House in the afternoon.
Kazuo Momma, former assistant governor of the Bank of Japan
BUSINESS / Economy
Aug 2, 2024
BOJ likely to hike in October after big shift, former official says
The BOJ’s basic stance now seems to be that as real rates are extremely low, they can keep raising them as long as no major shock hits the economy.
The Bank of Japan headquarters in Tokyo. A majority of the analysts surveyed by Bloomberg said this week’s rate hike by the central bank was appropriate, and nearly 70% expected the rate to be raised again by the end of this year.
BUSINESS / Economy
Aug 2, 2024
Most BOJ watchers rethink pace of hikes after Ueda’s hawkishness
Some 68% of 41 economists see the policy rate rising to 0.5% from 0.25% by the end of this year, according to a Bloomberg survey.
Tokiko Shimizu, a former Bank of Japan executive director, is known as someone who broke glass ceilings after becoming the first woman to take various senior management roles at the BOJ, including branch manager in 2010.
BUSINESS
Jul 27, 2024
BOJ’s former top female executive takes gender fight to Japan’s schools
Tokiko Shimizu is launching her own consultancy to focus on bringing more women into STEM-related fields starting at the high school level.
The Bank of Japan headquarters in Tokyo. A Bloomberg survey showed some 14 of 48 economists predict the BOJ will raise its policy rate at the next week’s meeting.
BUSINESS / Economy
Jul 24, 2024
Most BOJ watchers see July rate hike risk with bond-buying cut
Survey respondents also predicted the central bank will cut bond-buying to ¥5 trillion per month starting in August.
Liberal Democratic Party Secretary-General Toshimitsu Motegi says the Bank of Japan should more clearly show its intention to normalize monetary policy.
BUSINESS / Economy
Jul 23, 2024
LDP heavyweight Toshimitsu Motegi calls for clearer sign from BOJ on policy
The remarks suggest growing political frustration over the central bank’s cautious stance as low rates keep pressure on the yen while inflation outpaces wage growth.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?