TOKYO (Reuters) – The Bank of Japan expanded monetary stimulus on Monday and pledged to buy unlimited amount of bonds to keep borrowing costs low as the government tries to spend its way out of the deepening economic pain from the coronavirus pandemic. The mov... More »
TOKYO (Reuters) – The Bank of Japan eased monetary policy on Monday by pledging to buy risky assets such as exchange-traded funds (ETF) at double the current pace, joining global central banks in combating the widening economic fallout from the coronavirus epi... More »
(Reuters) – The Bank of Japan eased monetary policy on Monday by pledging to buy risky assets such as exchange-traded funds (ETF) at double the current pace, joining global central banks in combating the widening economic fallout from the coronavirus epidemic.... More »
TOKYO (Reuters) – Almost a fifth of Japanese households use electronic money for small purchases, a survey by a central bank-affilated research institute showed, up from a year ago and a sign the country’s cash-hoarding culture is changing. In the survey publi... More »
TOKYO (Reuters) – The Bank of Japan on Monday cut its assessment on factory output for two of the country’s nine regions and warned that more companies were feeling pinched by the U.S.-China trade war than three months ago. But the central bank maintained its ... More »
TOKYO (Reuters) – External demand is likely to rebound from its current soft patch in the latter half of this year, a senior Bank of Japan official overseeing the Kinki region in western Japan said on Monday. Domestic demand in the region, including capital ex... More »
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said the central bank will “certainly” debate heightening overseas risks at a rate review this week, underscoring concerns among policymakers about the economic fallout of a U.S.-China trade war. The tra... More »
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said the central bank can deliver more monetary stimulus if necessary, Bloomberg reported on Monday. The BOJ will ease further if the momentum toward its 2% inflation target is lost, Kuroda said in an in... More »
TOKYO (Reuters) – Bank of Japan board member Yutaka Harada on Monday defended the central bank’s massive asset-buying program dubbed quantitative and qualitative easing (QQE), saying the policy has helped create jobs and boost productivity. “The biggest contri... More »
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank would debate and communicate at an appropriate timing an exit plan from its ultra-loose monetary policy. Speaking at the upper house budget committee, Kuroda also undersco... More »
TOKYO (Reuters) – Worried by prospects of a pause in the U.S. interest rate hike cycle, the Bank of Japan is shifting focus towards a risk that it may be forced to deploy more stimulus this year to stop sharp yen rises from derailing an economic recovery, sour... More »
TOKYO (Reuters) – Japan’s central bank kept policy steady on Friday but ditched a timeframe it had set for hitting an inflation target, in a surprise move analysts say is aimed at keeping market expectations for more stimulus in check. The Bank of Japan at its... More »
Masazumi Wakatabe and Masayoshi Amamiya, the government’s nominees for next Bank of Japan deputy governors, attend a confirmation hearing in the lower house of parliament in Tokyo, Japan, March 5, 2018. REUTERS/Toru Hanai TOKYO (Reuters) – The Bank of Japan mu... More »
Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a lower house budget committee session at the parliament in Tokyo, Japan, February 13, 2018. REUTERS/Toru Hanai TOKYO (Reuters) – Japan’s central bank chief said on Friday it would consider ending ultra-loos... More »
A man walks past the Bank of Japan building in Tokyo, Japan January 15, 2018. REUTERS/Kim Kyung-Hoon – TOKYO (Reuters) – Japan’s government will likely present to parliament its nominees of next central bank governor and deputy governors around mid- to late Fe... More »
Atsushi Miyanoya, Bank of Japan (BOJ) Executive Director, speaks during an interview with Reuters at the BOJ headquarters in Tokyo, Japan, December 22, 2017. REUTERS/Issei Kato TOKYO (Reuters) – Prolonged ultra-easy monetary policy is weighing heavily on Japan... More »
Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan, December 21, 2017. REUTERS/Issei Kato TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe likely feels the economy is in good shape thanks to effor... More »
Japanese banks lag behind their global counterparts in boosting profitability as they compete for dwindling lending opportunities in a shrinking market, the country's central bank said on Monday. More »
Bank of Japan Governor Haruhiko Kuroda warned that escalating tensions in North Korea were among risks to an otherwise brightening global economic outlook, stressing that the central bank was closely watching the impact on markets and Japan's economy. More »
Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan June 16, 2017. REUTERS/Toru Hanai The Bank of Japan offered its most optimistic view of the country’s regional economies in more than a decade on sol... More »
FILE PHOTO: A man looks at a mobile phone in front of the Bank of Japan building in Tokyo, Japan June 16, 2017. REUTERS/Toru Hanai/File Photo Japan’s central bank will cut its inflation forecasts but hold off expanding stimulus this month, people familiar with... More »
FILE PHOTO: A man runs past the Bank of Japan (BOJ) building in Tokyo, Japan, July 29, 2016. REUTERS/Kim Kyung-Hoon/File Photo The Bank of Japan kept monetary policy unchanged on Thursday and offered its most optimistic assessment of the economy in nine years,... More »
FILE PHOTO: Governor of the Bank of Japan Haruhiko Kuroda (C) arrives for the session ‘The Global Economic Outlook’ in the Swiss mountain resort of Davos January 24, 2015. REUTERS/Ruben Sprich/File Photo Bank of Japan governor Haruhiko Kuroda has emphatically ... More »
FILE PHOTO: Newly-appointed Bank of Japan (BOJ) board member Yukitoshi Funo arrives at his inauguration news conference at the BOJ headquarters in Tokyo, July 1, 2015. REUTERS/Toru Hanai Bank of Japan board member Yukitoshi Funo said on Wednesday uncertainty o... More »
The Bank of Japan’s ambitious yield curve control policy is under attack from rising global bond yields and volatility, and analysts say the Federal Reserve’s monetary tightening cycle could force Japan to abandon it sooner rather than later. More »
FILE PHOTO – A Japanese flag flutters atop the Bank of Japan building in Tokyo, Japan, September 21, 2016. REUTERS/Toru Hanai/File Photo The Bank of Japan is expected to keep monetary policy steady on Thursday and stress that inflation is nowhere near levels t... More »
Dissenting Bank of Japan board member Takehiro Sato said the central bank should be open to the idea of raising its bond yield targets before inflation hits its 2 percent goal, if improvements in the economy drive up long-term interest rates. More »
Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan January 31, 2017. REUTERS/Toru Hanai Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank will not change its bond yield targets j... More »
Bank of Japan Deputy Governor Hiroshi Nakaso speaks during an interview with Reuters at the BOJ headquarters in Tokyo April 9, 2015. REUTERS/Yuya Shino Bank of Japan Deputy Governor Hiroshi Nakaso said Japan’s economy still needs massive monetary support given... More »
Bank of Japan Deputy Governor Hiroshi Nakaso said on Thursday the central bank does not use monetary policy to manipulate exchange rates. More »
Haruhiko Kuroda, Governor of the Bank of Japan attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 20, 2017. REUTERS/Ruben Sprich Japanese Prime Minister Shinzo Abe said the next central bank governor should be someone who would... More »
A Japanese flag flutters atop the Bank of Japan building in Tokyo, Japan, September 21, 2016. REUTERS/Toru Hanai/File Photo The Bank of Japan raised its economic assessment for three of the country’s nine regions in a quarterly report on Monday, saying that mo... More »
Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan, September 21, 2016. REUTERS/Toru Hanai/File Photo New financial technology, or “fintech,” poses fresh challenges for central banks in maintaining ba... More »
Bank of Japan board member Takako Masai said on Monday it was too early to conclude that the BOJ’s new fixed-rate debt-buying operation will always go smoothly, but that the policy tool was successful last week in slowing gains in yields. More »
Bank of Japan’s (BOJ) new board member Takako Masai attends a news conference at the BOJ headquarters in Tokyo, Japan, June 30, 2016. REUTERS/Toru Hanai The election of Donald Trump as U.S. President, Brexit, and the weak state of the European Union’s financia... More »
A Japanese flag flutters atop the Bank of Japan building in Tokyo, Japan, September 21, 2016. REUTERS/Toru Hanai/File Photo – RTX2P8PK The Bank of Japan said on Monday it is closely monitoring bank lending to the real estate sector to guard against excessive c... More »
A businessman walks past the Bank of Japan (BOJ) building in Tokyo, Japan, March 23, 2016. REUTERS/Toru Hanai/File Photo The Bank of Japan’s new monetary policy framework should not be taken as a message that the BOJ feels it is done with easing and wants fisc... More »
Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan, September 21, 2016. REUTERS/Toru Hanai The pace at which the Bank of Japan buys bonds will depend on what is needed to achieve its yield curve targe... More »
Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan, July 29, 2016. REUTERS/Kim Kyung-Hoon Bank of Japan Governor Haruhiko Kuroda signaled his readiness to ease monetary policy further using existing o... More »
By Leika Kihara | TOKYO TOKYO The Bank of Japan’s policy review could put up for debate its target for expanding base money through massive asset purchases, sources say, but the challenge would be to avoid spooking bond markets used to years of unprecedented b... More »
TOKYO The Bank of Japan will factor in the government’s planned fiscal stimulus package in producing new quarterly projections this month, which will help moderate any cuts to its inflation forecasts, sources familiar with its thinking said. The boost to growt... More »
TOKYO Japan’s central bank is likely to cut its price forecasts on Thursday and debate whether a strong yen, weak global demand and soft consumption have hurt inflation expectations enough to warrant another blow of stimulus. The policy decision will be a clos... More »
TOKYO Driving interest rates below zero, the Bank of Japan has turned a comatose government bond market into an enormous free-for-all, complicating the central bank’s own efforts to kick-start growth and end deflation. The $9 trillion market for Japanese gover... More »
TOKYO Bank of Japan policymakers engaged in heated debate during their policy review in March on the pros and cons of their decision in January to adopt negative interest rates, with one even saying it was preferable to roll it back. A summary of the March 14-... More »
TOKYO Bank of Japan (BOJ) officials have been scurrying to commercial banks to explain and apologize for its surprise adoption of negative interest rates in January, while Prime Minister Shinzo Abe has distanced himself from a decision that is proving unpopula... More »
TOKYO The Bank of Japan could confuse markets and trigger a global competition to push interest rates deeper into negative territory by cutting its rates below zero, dissenters to the move told a rate review last month, underscoring Governor Haruhiko Kuroda’s ... More »
TOKYO Bank of Japan policymakers would prefer to hold back additional monetary easing at their meeting on Friday, people familiar with the central bank’s thinking say, though global market volatility could yet force their hand. Even as slumping oil prices and ... More »
NAGOYA, Japan Bank of Japan Governor Haruhiko Kuroda warned on Monday that a slowdown in emerging economies, if prolonged, may hurt Japanese business confidence and discourage firms from increasing capital expenditure. “The BOJ will respond without hesitation ... More »
TOKYO The Bank of Japan maintained its upbeat assessment for all nine of the country’s regional economies despite looming external risks such as China’s slowdown, suggesting that it saw no immediate need to expand monetary stimulus further. In a quarterly repo... More »
TOKYO Bank of Japan Governor Haruhiko Kuroda said on Monday the country’s economy was expected to continue recovering moderately even though the slowdown in emerging markets was weighing on exports and output. “The BOJ’s quantitative and qualitative easing is ... More »
OSAKA, Japan Bank of Japan Governor Haruhiko Kuroda dismissed concern an expected U.S. interest rate hike could jolt global markets, saying that emerging nations are now less concerned that tighter U.S. policy will trigger an exodus of funds from their economi... More »
