Inflationary risks were building up as companies continue to pass on rising raw material and labour costs, which required lifting the BOJ's policy rate to levels deemed neutral to the economy ...
But that process at times could be difficult," Ueda said. Ueda's remarks followed the BOJ's decision last month to raise short-term interest rates to 0.5%, a level unseen in Japan for 17 years ...
As such, we must support economic activity with loose monetary policy," Kazuhiro Masaki, director-general of the BOJ's monetary affairs department, told parliament. "Having said that, we will ...
Bank of Japan (BOJ) Governor Kazuo Ueda said Friday the central bank must maintain an accommodative monetary policy to support economic growth and ensure the underlying inflation gradually moves ...
Japan has “completely” ended deflation and it’s absolutely natural for the central bank to proceed with rate hikes to normalize policy, according to former BOJ Governor Haruhiko Kuroda ...
Based on his own assessment, Hayakawa said he sees the BOJ’s terminal rate in this cycle somewhere around 1.5%. That’s higher than most analysts’ view, although it’s in line with a ...
A quarter-percentage point hike in the overnight rate to 0.5% would also be the biggest increment since 2007 as the BOJ makes steady progress toward normalization just as the Federal Reserve and ...
BANK of Jamaica (BOJ) Governor Richard Byles has hinted that the central bank is contemplating legal recourse to get commercial banks to move interest rates in line with similar movements by BOJ.
A hawkish member of the Bank of Japan’s policy board on Thursday called for potentially faster interest-rate increases, sending the yen to its strongest level against the dollar in eight weeks ...
While the tight labour market is not a new trend, the BOJ's more vocal concerns about the resulting wage and inflationary pressures mean it will be more inclined to look past economic weakness as ...