Japan’s Underlying Inflation Still Slightly Below Target, BOJ Governor Says
Underlying inflation in Japan is still slightly below the central bank’s target of 2%, Bank of Japan Gov. Kazuo Ueda said, underlining that it is in no hurry to raise interest rates.
BOJ’s Ueda: Underlying inflation is still somewhat below 2%
Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that underlying inflation is still somewhat below 2%. Ueda added that the Japanese central bank would maintain an accommodative policy to support price trends. Recent inflation is driven mostly by cost-push factors.
BOJ Deputy Signals More Room to Hike Given Negative Real Rates
Japan’s real rates clearly remain in negative territory even with last week’s interest rate hike, and the Bank of Japan will keep raising rates if its economic outlook is realized, according to Deputy Governor Ryozo Himino.
Tokyo Inflation Continues to Back More BOJ Rate Hikes
Consumer inflation in the Tokyo metropolitan area picked up slightly in January, government data showed Friday, supporting the Bank of Japan’s plan to pursue more interest-rate increases.
Core inflation in Japan's capital hits 1-year high, keeps BOJ rate-hike bets alive
Core inflation in Japan's capital hit 2.5%, marking the fastest annual pace in nearly a year, well exceeding the central bank's 2% target and keeping alive market expectations for further interest rate hikes.
Tokyo Inflation Hits Near Two-Year High, BOJ Rate Hike Impact in Focus
Tokyos consumer price index (CPI) inflation accelerated in January, reaching a near two-year high as strong private spending sustained price growth. The headline CPI rose 3.4% year-on-year, up from 3% in December,
Tokyo Inflation, Japan Activity Data Back More BOJ Rate Hikes
An uptick in inflation in the Tokyo metropolitan area and solid outturns in other key Japanese economic data support the Bank of Japan’s plan to pursue more interest-rate increases.
BOJ must maintain monetary support, says governor Ueda
Bank of Japan Governor Kazuo Ueda said on Friday the central bank must maintain loose monetary policy to ensure underlying ...
BOJ Will Keep Raising Rates if Economy on Track, Deputy Governor Himino Says
"If our economic and price forecasts are achieved, we will raise our policy rate accordingly and adjust the degree of ...
BoJ’s Himino: Will raise rates if economy, prices move in line with forecast
Bank of Japan (BoJ) Deputy Governor Ryozo Himino said on Thursday, the central bank “will raise rates if economy and prices ...
BOJ expects rising inflation to spur demand for new financial services
Japan needs to promote digitalisation as rising inflation and interest rates will increase demand for new financial services ...
Japanese Yen and Aussie Dollar News: BoJ vs. Fed Rate Path Battle Heats Up
Japan’s retail sales and job data fuel BoJ rate hike bets, pressuring USD/JPY. Fed’s inflation stance also in focus. Will USD ...
BOJ to Slice Almost $500 Billion Off Balance Sheet With QT Move
The Bank of Japan made a significant step toward shrinking its massive balance sheet last week, while market watchers were fixated on the biggest interest rate increase from the central bank in 18 ...
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Gov't nominates economics professor Koeda as BOJ policymaker
The government on Tuesday nominated Junko Koeda, an economics professor at Waseda University, as a new member of the Bank of Japan's Policy Board. The nomination of Koeda to replace Seiji Adachi, ...