Tag - boj

 
 

BOJ

Japan Times
BUSINESS
May 13, 2022
Bank of Japan chief rules out near-term chance of tweaking dovish guidance
As central banks across the globe eye interest rate hikes, markets have been rife with speculation that the BOJ may also change its guidance.
Japan Times
BUSINESS / Economy
May 12, 2022
Japan has long sought more inflation and a weak yen. But not like this.
While overall inflation remains moderate, food and energy costs are rising rapidly — an outgrowth not of increased demand, but of market turmoil.
Japan Times
BUSINESS / Economy
May 12, 2022
BOJ official rules out policy tweak to counter weak yen, meeting summary shows
The yen's slide to 20-year lows against the dollar has pushed up the cost of raw material imports, drawing concern among policymakers.
Japan Times
BUSINESS
May 11, 2022
Goldman Sachs says yen shows significant value as a recession hedge
The relentless selling of the yen looks to have come to an end and some green shoots of positive commentary are beginning to appear.
Japan Times
BUSINESS
May 9, 2022
BOJ policymakers unwavering on easy policy stance, meeting minutes show
Many board members warned of heightening risks to Japan's economy from the Ukraine crisis that would keep inflationary pressure subdued.
Japan Times
BUSINESS
May 6, 2022
Fastest Tokyo inflation in decades complicates BOJ’s messaging
Consumer prices excluding fresh food in the capital climbed 1.9% from a year ago, the internal affairs ministry said Friday.
Japan Times
BUSINESS
May 5, 2022
Japan may spend $100 billion to slow yen’s slide, Bank of America says
The speed of the yen's decline has caught Japanese policymakers off guard and exposed divisions between the central bank and the central government.
Japan Times
BUSINESS / Economy
Apr 29, 2022
Yen’s historic fall signals rewrite of global currency playbook
The speed of decline caught policymakers off guard, exposing a rift between a central bank intent on stoking inflation and a government facing backlash over rising prices.
Japan Times
BUSINESS
Apr 27, 2022
BOJ likely to stand pat on policy as Kuroda faces pressure on yen
Financial markets are looking for any change in how the BOJ sees the yen's weakness after the currency plunged to 20-year lows.
Japan Times
BUSINESS
Apr 27, 2022
Many have seen a weak yen as being good for Japan. That view is fading fast.
Frustration over the yen's recent slide is growing among policymakers and in the business community, while some economists say the fall is hurting the nation's economy more than helping it.
Japan Times
BUSINESS / Economy
Apr 26, 2022
Kishida says rapid yen moves 'unfavorable' for many
Japanese authorities have stepped up their rhetoric on the rapid pace of the yen's weakening, which boosts import prices for resource-poor Japan.
Japan Times
BUSINESS / Economy
Apr 25, 2022
BOJ to keep ultralow rates and dovish stance as inflation clouds recovery
With inflation modest compared with other nations and the economy still below pre-pandemic levels, the BOJ is in no rush to modify a pledge to keep rates at current or lower levels.
Japan Times
BUSINESS / Economy
Apr 23, 2022
BOJ chief says monetary easing policy must be kept in place
BOJ Gov. Haruhiko Kuroda said inflation in Japan stems only from surging raw material prices and 'lacks sustainability.'
Japan Times
BUSINESS
Apr 22, 2022
Japan's March consumer prices rose at fastest pace in over two years
The core consumer price index, which excludes volatile fresh food prices but includes fuel and broader energy costs, jumped 0.8% in March from a year earlier.
Japan Times
BUSINESS / Markets
Apr 21, 2022
IMF says yen falls driven by fundamentals, urges BOJ to keep easy policy
The remarks highlight the difficulty Tokyo may face if it seeks international consent to intervene in the currency market to stem further yen falls.
Japan Times
COMMENTARY / Japan
Apr 21, 2022
Inflation, oil prices and the yen: What’s behind the BOJ’s tack?
Japan's inflation rate is around 1%, one of the lowest in the world. Why is Japan, which has been battling deflation for two decades, still the exception even as global inflation is rising?
Japan Times
BUSINESS
Apr 20, 2022
BOJ further boosts bond buying as yields advance to policy limit
The move capped Japan's benchmark 10-year yield at the 0.25% upper limit of the BOJ's tolerated trading band while U.S. Treasurys hovered just below 3%.
Japan Times
BUSINESS / Economy
Apr 19, 2022
Japan to model digital yen tests on Sweden’s approach, not China’s
The Bank of Japan will explore the design issues of a central bank digital currency in measured steps like Sweden rather than pressing ahead with large-scale pilot tests like China.
Japan Times
BUSINESS / Markets
Apr 18, 2022
BOJ’s Kuroda steps up yen warning to stave off stimulus doubts
Kuroda is facing a balancing act as he tries to stick with his commitment to keep stimulating a fragile economy without adding momentum to the weakening trend.
Japan Times
BUSINESS / Economy
Apr 15, 2022
Bank of Japan poised to predict strongest inflation in 30 years
With global central banks accelerating interest rate hikes to tackle inflation, Haruhiko Kuroda will have the task of explaining why he is insisting on staying wedded to stimulus.

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals