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TOKYO — The Bank of Japan (BoJ) pumped $30.272 billion into markets on Tuesday with an 84-day dollar funding operation, its first after global central banks agreed this week to offer three-month credit to ease funding constraints amid the coronavirus crisis.
TOKYO — The widening economic fallout from the coronavirus outbreak and soft consumption are forcing the Bank of Japan (BoJ) to message more strongly that it is no longer inclined to chase its elusive 2% inflation target, sources familiar with its thinking say.
TOKYO — The Bank of Japan (BoJ) could consider watering down later this year its commitment to keep or cut its rock-bottom interest rates, if pessimism over the global outlook continues to recede, sources say.
THE BANK OF Japan (BoJ) took a brighter view of the economy and left its main policy settings unchanged Tuesday, offering a further indication that it is unlikely to add to its stimulus.
TOKYO — The Bank of Japan’s (BoJ) negative interest rate policy has had little positive impact on the economy and prices, over half of economists surveyed by Reuters said.
TOKYO — The Bank of Japan (BoJ) is expected to keep monetary policy steady next week and nudge up its economic growth forecast, as the US-China trade deal and de-escalation in Middle East tensions take some pressure off the central bank for more stimulus.
THE Bank of Japan (BoJ) will leave monetary policy unchanged this week, and probably for much longer, after Prime Minister Shinzo Abe unveiled a stimulus package to bolster growth, according to a Bloomberg survey.
BANK OF JAPAN (BoJ) officials see a sizable impact from government stimulus announced last week, raising the likelihood that the bank will upgrade its economic forecasts for the first time in a year next month, according to people familiar with the matter.
KOBE, Japan — Japan’s central bank can hold off expanding stimulus for now as robust domestic demand offsets the hit to exports from overseas risks, its board member Makoto Sakurai said, suggesting no additional easing was likely in the near term.
TOKYO — Bank of Japan (BoJ) policy makers debated whether extra easing measures were needed to hit the central bank’s inflation target at its last policy meeting, a summary of opinions showed on Monday, as heightened risks threatened a fragile economic recovery.
TOKYO — Bank of Japan (BoJ) board members debated the feasibility of ramping up stimulus at their September rate review, with some calling for the need to start brainstorming ideas to top up monetary support, minutes of the meeting showed on Wednesday.
BANK OF JAPAN Governor Haruhiko Kuroda’s call in September for a review of how its mission to stimulate price growth could be threatened by the global slowdown spurred speculation that October would be the month for policy action.
TOKYO — The Bank of Japan (BoJ) is laying the groundwork for deepening negative interest rates, analysts polled by Reuters said, with two-thirds of respondents expecting the central bank to loosen monetary policy this month.
TOKYO — Bank of Japan (BoJ) policy makers debated the feasibility of ramping up stimulus in the near future when they met for a rate review in September, a summary of their opinions showed on Monday, as intensifying overseas risks cloud the economic outlook.
HAKODATE — Bank of Japan (BoJ) board member Goushi Kataoka advocated a preemptive further easing in monetary policy, warning of risks to the inflation outlook and the pain spreading through the economy from the bitter US-China trade war.
KUMAMOTO, Japan — A Bank of Japan (BoJ) board member warned of potential dangers if the central bank’s already massive stimulus is ramped up, a view suggesting there is no consensus on how quickly it should ease policy again to head off the risk of recession.
TOKYO — The Bank of Japan (BoJ) held off on expanding stimulus on Tuesday but signaled its readiness to do so “without hesitation,” if a global slowdown jeopardizes the country’s economic recovery.
TOKYO — Expectations have risen sharply that the Bank of Japan’s (BoJ) next policy move will be to ease further, a Reuters poll of economists found, as the US Federal Reserve looks set to cut interest rates this month for the first time in over a decade.
TOKYO /WASHINGTON/FRANKFURT — Japanese-style interest rate caps are drawing interest from global central bankers worried about a downturn, including US Federal Reserve officials grappling with how to bolster their options as prospects for the global economy darken.
TOKYO — Bank of Japan (BoJ) policy makers debated the need to be vigilant over the rising cost of prolonged monetary easing when they adopted in April a pledge to keep ultra-low interest rates for at least a year, minutes of their rate review showed.
TOKYO — The Bank of Japan (BoJ) kept monetary policy steady on Thursday, preferring to save its dwindling ammunition as a darkening global growth outlook prompts other major central banks to drop hints of additional stimulus.
TOKYO — Bank of Japan (BoJ) Governor Haruhiko Kuroda said the central bank will “certainly” debate heightening overseas risks at a rate review this week, underscoring concerns among policy makers about the economic fallout of a US-China trade war.
TOKYO — The Bank of Japan (BoJ) is expected to maintain its massive stimulus program on Thursday and signal its readiness to ramp up monetary support if growing risks such as the escalating US-China trade war threaten the economy’s modest expansion.
THE BANK of Japan (BoJ) can deliver more big monetary stimulus if necessary, but needs to take care with its side effects on the financial system, said Governor Haruhiko Kuroda.
TOKYO — Bank of Japan (BoJ) Deputy Governor Masazumi Wakatabe said he saw the benefits of ultra-loose monetary policy still outweighing the costs, signalling his preference for maintaining a massive stimulus program to prop up inflation to the central bank’s target.
TOKYO — Bank of Japan (BoJ) 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.
THE BANK OF Japan (BoJ) may resort to its least preferred tool to expand stimulus next time the yen jumps: more government bond purchases.
TOKYO — Bank of Japan Governor Haruhiko Kuroda said on Thursday central banks must carefully evaluate the impact of unconventional monetary policy steps, as their benefits and side-effects could differ from those brought about by conventional policy.
TOKYO — The Bank of Japan (BoJ) is expected to cut its inflation forecasts at next week’s rate review, sources say, a sign slumping oil prices and a darkening global economic outlook are heightening challenges for hitting its ambitious 2% target.
TOKYO — Bank of Japan (BoJ) policy makers disagreed on the feasibility of allowing bond yields to move more flexibly around the central bank’s zero percent target, reflecting division within the board on how to address the growing dangers of prolonged easing, minutes of their October rate review showed on Wednesday.
GLOBAL BOND markets may have less to worry about from an all-out Japanese exodus. The yields on Japan’s benchmark bond are still too low to tempt regional lenders to switch investments back home, even after the central bank permitted a higher trading range, according to managers and traders at the companies.
With investor attention firmly on the spike in the Japanese 10-year yield this week, officials at the US Treasury and France’s Agence France Trésor,...
BUENOS AIRES — Bank of Japan (BoJ) Governor Haruhiko Kuroda issued a plea on Saturday for leaders of major economies to step back from a tariff war, and said stable currency markets were to everyone’s benefit.
TOKYO — Bank of Japan policy makers said the central bank should “patiently continue” its powerful monetary easing but attention must be paid to the potential side effects of prolonged easy policy, a summary of opinions at the June review showed.