University professor Junko Koeda is set to become the newest member of the Bank of Japan’s policy board, a move that could further the central bank’s push toward policy normalization.
Japan’s largest opposition party wants to use the Bank of Japan’s exchange-traded funds to help cover the cost of making high school education free as part of the normalization of monetary policy, according to a party official.
Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will conduct monetary policy bearing in mind there are risks that food prices may continue to be high and affect people's inflation expectations.
Governor Kazuo Ueda cautioned on Wednesday that persistently high food prices could impact inflation expectations. Speaking to parliament, Ueda acknowledged that rising costs of fresh foods and
Although the Bank of Japan is raising borrowing costs and Japanese Government Bond yields are the highest in 15 years, "real" inflation-adjusted rates in the world's fourth-largest economy are actually negative and the lowest in years.
The Bank of Japan may raise interest rates in March if U.S. President Donald Trump pushes through on his tariff threats and adds to already mounting domestic inflationary pressures, former central bank board member Sayuri Shirai said on Friday.
Investors in Japan's government bond market are getting a glimpse of life without heavy intervention by the Bank of Japan, which is showing little sign of reverting to a hands-on approach despite the recent steady rise in long-term interest rates.
Bank of Japan Gov. Kazuo Ueda promised to respond to abnormal rises in bond yields, as expectations for monetary tightening sent Japanese government bond yields to multiyear highs.
Bank of Japan Governor Kazuo Ueda said on Friday the central bank stands ready to increase government bond buying if long-term interest rates rise sharply.
The Bank of Japan will hike interest rates only once more this year, most likely during the third quarter to 0.75%, according to a majority of economists in a Reuters poll published on Thursday.
Bank of Japan Governor Kazuo Ueda said on Thursday he met Prime Minister Shigeru Ishiba for a regular exchange of views on the economy and financial markets.