BOJ's Ueda says era of low global interest rates may be over
Some academics say global inflationary pressure may eventually subside, but others warn the current period of high inflation will change people's view on prices, Ueda added.
BOJ to hold policy amid election chatter, ex-board member says
The BOJ will refrain from changing its "yield curve control" program while speculation continues to swirl that the prime minister will call a snap election, according to an ex-board member.
BOJ expected to build case for policy shift in second half of 2024: report
From Ueda’s experience as a board member who voted against a premature rate increase in the early 2000s, the governor is said to be wary of abandoning stimulus too quickly.
Speculators boost yen shorts to most in a year as currency slips
While the interest rate differential has underscored the divergence in monetary policy and weighed on the yen, some strategists call it undervalued and suggest a reverse in the trend.
BOJ’s Ueda says wages aren’t the goal as he keeps speculators in dark
The remarks leave room for the bank to be nimble about how and when it will be convinced about the prospect of price gains.
Inflation in Tokyo slows in May, but key gauge hits four-decade high
The data showed firms continued to pass on rising costs to households in a sign inflationary pressure could last longer than the BOJ projects.
A $518 billion rally shows Japanese stocks are all the rage in 2023
Some of the world’s most famed investors are voicing a near consensus that Japan’s stock market is the place to be as its larger peers grapple with rising economic headwinds.
Bank of Japan chief warns against premature policy change even after price jump
Ueda’s reassurance that the central bank will continue with easing contrasts with lingering speculation over policy adjustment among BOJ watchers.
Japan’s inflation quickens again, putting pressure on BOJ view
Economists see resilient consumption sustaining the country’s recovery for the foreseeable future.
Japan’s better-than-expected growth keeps early poll on table
The stronger-than-forecast reading may keep speculation simmering of a possible early election and changes to central bank policy.
Japan's top economic officials debate whether sustained exit from deflation is near
With inflation accelerating globally and wage growth picking up in Japan, discussions also touched on the desirable timing to end the Bank of Japan's ultraloose monetary policy.
Japan’s giant of central banking
Critics of former BOJ Gov. Kuroda complain that he never achieved the 2% inflation target. What they fail to acknowledge is his policies led to a dramatic strengthening of the labor market.
