The remarks underscore the BOJ's resolve to keep raising short-term interest rates, and to allow markets to freely price in the chance of further hikes in borrowing costs. Sign up here.
Koeda shared the same view as other senior BOJ officials on the level of real interest rates, saying that it’s “significantly” low, signaling there’s room for further rate increases.
Ueda also said the BOJ will take "stronger steps" to whittle down monetary support if inflation overshoots its projections, signalling the chance of hiking rates sooner or more aggressively than ...
The February year-on-year gain in the services producer price index, which measures the price companies charge each other for services, slowed from a revised 3.2 per cent increase in January, BOJ data ...
It accelerated from a 2.2 per cent gain in February. A separate index for Tokyo that strips away both fresh food and fuel costs - closely watched by the BOJ as a measure of domestic demand-driven ...
BOJ Policy Board members agreed on the continuation at their monetary policy meeting on June 16 although inflation has been exceeding the central bank’s 2 percent target for some time.
BOJ officials are leaning toward keeping rates unchanged this month as they pay close attention to the impact of their hike in January and growing uncertainties in the global economy, people ...
The Bank of Japan (BoJ) is the central bank of Japan. Established under the Bank of Japan Act in 1882, it is a juridical entity and neither a government agency nor a private corporation.
The Bank of Japan will continue to raise its benchmark interest rate if its economic projections are realized, Gov. Kazuo Ueda said. "Although there are pockets of weakness, the economy is ...
BOJ Is Said to Lean Toward Holding Key Rate at March Meeting Officials said to want to mull January hike, US policy impacts Wage talk developments so far seen as within expectations ...
Bank of Japan Deputy Governor Shinichi Uchida signaled that the benchmark interest rate remains on a gradual upward path, in remarks that may quell speculation of an early move. “The Bank will ...