“As long as I feel this way, I would like the BOJ to share our view that it needs to be cautious about raising interest rates.” Given that Japan experienced virtually no growth in wages and ...
The BOJ also released its quarterly consumer inflation report. It maintains its forecast of 2.5 percent for fiscal 2024, which started in April. But it downgraded its outlook for the next fiscal ...
The nine-member board also discussed how to improve the way the BOJ communicates its policy intention to markets, with one flagging the idea of disclosing each member's forecast on the future ...
The BOJ was blamed for amplifying a market rout in early August with its surprise interest rate hike in July, and Ueda's comments pledging to keep pushing up rates if sustainable achievement of ...
Some Bank of Japan board members were skeptical of the potential merits of releasing a rate path projection similar to the Federal Reserve’s dot plot when authorities discussed the idea during ...
The BOJ decision spurred investors to sell the yen and buy the dollar on expectations that interest rate gaps between Japan and the United States are unlikely to narrow anytime soon. The Japanese ...
At the meeting, the BoJ kept its benchmark interest rate unchanged at 0.25 percent, as widely expected. The BoJ ended its negative interest rate policy in March. Japan also will see October ...
TOKYO ― The Bank of Japan (BoJ) is likely to raise interest rates in coming months with January emerging as the most likely timing, when there will be more clarity on political and market developments ...
Since ending a decade-long, radical stimulus programme in March, the BOJ has signaled its intention to keep raising interest rates from rock-bottom levels. But it was forced to water down the ...
“Uncertainties got elevated not only for the BOJ but for everyone around the world” as a result of the US election, Kazuo Momma, the former BOJ executive, said in an interview Thursday.
Bank of Japan Governor Kazuo Ueda, right, and the other members of the central bank's Policy Board attend the second day of its two-day meeting at the BOJ's headquarters in Tokyo on Oct. 31 ...