Tag - boj

 
 

BOJ

Japan Times
BUSINESS / Economy
Jul 30, 2018
Taming the Tokyo Whale? BOJ's stock market distortions coming under new scrutiny
The Bank of Japan, sometimes dubbed the "Tokyo whale" because of its huge influence on the country's stock market, may be about to change its habits because it's taking up too much of the pool.
Japan Times
BUSINESS
Jul 26, 2018
Japan's commercial lenders lobby BOJ to stop buying corporate bonds at negative rates
Commercial lenders are privately complaining to the central bank about its purchases of corporate bonds at negative interest rates and are asking it to stop the practice, according to people familiar with the matter.
Japan Times
BUSINESS
Jul 25, 2018
Ex-Bank of Japan chief Yasuo Matsushita dies at 92
Former Bank of Japan Gov. Yasuo Matsushita, who led the central bank during the country's financial crisis of the 1990s, has died, his family said Tuesday. He was 92.
Japan Times
BUSINESS / Economy
Jul 22, 2018
BOJ chief mum on reports BOJ planning ways to ease pain from monetary easing
Bank of Japan Gov. Haruhiko Kuroda stuck to the bank's playbook on Saturday, declining to comment on reports that policymakers are considering measures to soften the side effects of their aggressive and unorthodox monetary easing campaign.
Japan Times
BUSINESS / Economy
Jul 20, 2018
Japan’s core inflation rate hit 0.8% in June on higher energy costs
The country's underlying inflation rate edged up in June amid rising energy costs, government data showed Friday, though it continued to fall short of the Bank of Japan's 2 percent target.
BUSINESS / Economy
Jul 11, 2018
Japan's wholesale prices rise 2.8% in June on higher energy costs
Wholesale prices rose 2.8 percent across the country in June from a year earlier — climbing at the fastest pace this year — in a reflection of the higher cost of oil imports, the Bank of Japan said Wednesday.
Japan Times
BUSINESS / Economy
Jul 9, 2018
BOJ maintains upbeat view on all regions, with Kuroda confident on price outlook
The Bank of Japan maintained its upbeat economic assessment for all nine regions of the country Monday and its governor voiced confidence that inflation will head toward his 2 percent target, suggesting that monetary policy will remain stable for the time being.
Japan Times
BUSINESS
Jul 4, 2018
Lower unemployment rate needed to hit inflation goal: Bank of Japan board member
Bank of Japan board member Yutaka Harada said Wednesday that unemployment needs to fall further if the country's stubbornly stagnant inflation rate is to pick up, while also advocating for continued monetary easing.
Japan Times
BUSINESS / Economy
Jul 3, 2018
Bank of Japan expected to cut price forecasts as inflation expectations stall
The Bank of Japan is likely to cut its price growth forecasts at a policy meeting later this month as long-term inflation expectations stall, sources said, highlighting the central bank's difficulty in hitting its elusive price target.
Japan Times
BUSINESS / Economy
Jun 29, 2018
Japan's jobless rate falls to lowest level in over quarter century
The unemployment rate fell to the lowest level in more than 25 years in May as companies ramped up hiring amid solidifying economic conditions, government data showed Friday.
Japan Times
BUSINESS / Economy
Jun 23, 2018
Bank of Japan eyes lowering fiscal 2018 inflation forecast amid slow price climbs
The central bank is leaning toward downgrading its projection for 1.3 % inflation in 2018, based on the tepid price growth logged in April and May.
BUSINESS / Economy
Jun 22, 2018
Weak inflation: Japan's May figures show BOJ stimulus barely moving price dial
Core inflation remained subdued in May, yet again highlighting how far off the Bank of Japan is in hitting its 2 percent price goal despite over five years of massive stimulus.
Japan Times
BUSINESS
Jun 15, 2018
BOJ keeps monetary policy unchanged and downgrades inflation assessment
The Bank of Japan left monetary policy unchanged Friday and downgraded its assessment of inflation, falling further behind its global peers at the end of a busy week for central banks.
BUSINESS / Economy
Jun 12, 2018
Japan's wholesale prices logged 2.7% uptick in May
Wholesale prices rose 2.7 percent in May, the fastest pace since January, as energy costs climbed, the Bank of Japan said Tuesday.
Japan Times
BUSINESS / Markets
Jun 6, 2018
U.S. economy could force BOJ's hand on rates, ally of Gov. Haruhiko Kuroda says
The Bank of Japan's next policy move may be to raise its bond-yield target to keep the yen from weakening too much, according to a BOJ adviser and longtime associate of Gov. Haruhiko Kuroda.
Japan Times
BUSINESS / Economy
May 24, 2018
Bank of Japan board member urges winding down stimulus to avoid destabilizing banking system
Bank of Japan board member Makoto Sakurai said on Thursday excessive monetary easing could destabilize the economy and suggested the bank could whittle down its massive stimulus program if growth continues to strengthen.
Japan Times
BUSINESS / Economy
May 18, 2018
Lagging inflation and indecisiveness could delay Bank of Japan's exit from easing
The Bank of Japan's preferred inflation gauge fell for the second straight month in April, dropping from 0.9 percent in the previous month to 0.7 percent, as consumer prices refuse to cooperate with the BOJ's 2 percent inflation target, according to government data released Friday.
Japan Times
BUSINESS / Economy
May 10, 2018
BOJ repeats no-deadline schedule for 2% inflation target
Gov. Kuroda's remarks came after policymakers ditched references to a time frame, leading to speculation the BOJ does not expect to reach the goal by fiscal 2019 as forecast.
Japan Times
BUSINESS / Economy
May 7, 2018
Some in Bank of Japan warned in March of premature exit debate, meeting minutes show
Some Bank of Japan policymakers warned against premature debate about exiting from its ultraloose policy despite their concern about the rising cost of prolonged easing, according to minutes of the BOJ's Policy Board meeting in March, reinforcing yet again the challenge of hitting the nation's elusive...
Japan Times
BUSINESS
May 1, 2018
Countermeasures could cut impact of tax hike on households by ¥2.2 trillion: Bank of Japan
The financial impact on households of a planned October 2019 consumption tax hike could be reduced to ¥2.2 trillion if the government implements countermeasures, including lower tax rates for certain food items, according to the Bank of Japan's recent estimate.

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