Bank of Japan Gov. Haruhiko Kuroda on Monday reiterated his caution about rapid yen USDJPY, +0.21% weakness and promised to maintain close coordination with the government. “Rapid movements in currencies Read more
Tag: Bank of Japan
BOJ raises inflation expectations, maintains ultralow interest rates
TOKYO — The Bank of Japan on Friday raised its inflation forecast by 0.6 percentage point amid increases in energy prices and a weak yen, but it left its ultralow Read more
Bank of Japan maintains ultralow interest rates
TOKYO — The Bank of Japan on Thursday kept its ultralow interest rates in place, staying away from a global wave of monetary tightening despite growing inflation. The decision confirms Read more
Bank of Japan needs to continue with monetary easing ‘steadfastly,’ official says
TOKYO — Bank of Japan Deputy Gov. Masayoshi Amamiya on Thursday renewed his promise to continue easy monetary policy, saying Japan’s economic recovery isn’t firm enough yet. “It is necessary Read more
Japan’s CPI rises above BOJ’s 2% target for 3 straight months
TOKYO — Japan’s overall consumer inflation rose 2.4% from a year earlier in June, exceeding the Bank of Japan’s 2% target for three straight months, government data showed Friday. Core Read more
Bank of Japan keeps rates pat, sees inflation hitting 2.3% this fiscal year
TOKYO — The Bank of Japan said Thursday that inflation would likely rise above the bank’s 2% target this fiscal year, but it kept ultra-low interest rates unchanged to support Read more