Page 3 - Bank Of Japan

BOJ may face more pressure to hike rates amid declining consumer spending

The yen has depreciated by roughly 10% against the dollar so far this year despite the BOJ's decision in March to end eight years of negative rates

Japan's economy contracts, complicating Bank of Japan's rate hike plans

Private consumption, which accounts for more than half of the Japanese economy, fell 0.7 per cent

BOJ board turned hawkish in April, many saw need for more rate hikes

The debate underscores BOJ Governor Kazuo Ueda's recent remarks signalling the chance of multiple rate hikes ahead, and heightens the possibility of an increase in short-term borrowing costs

Yen's avoidable slide to 1990 level

The yen fell due to the prevailing blunt interest rate policy. But there is an alternative policy

Yen eases despite intervention threat, as RBA keeps interest rates steady

At the RBA's last meeting in mid-March, policymakers watered down their tightening bias, although Bullock declined to say whether policy has shifted to neutral

Asian shares at 15-mth high on rate cut bets; RBA seen turning hawkish

Japan's Nikkei gained 1.3% and S&P 500 futures were steady after the cash index logged a 1 per cent rise overnight

Japan's forex intervention may have cost $23.6 bn, BoJ data shows

Analysts point to the gaping gap between Japanese and U.S. government debt yields as the force behind the yen's slide

Yen surges against US dollar on suspected intervention by Japan authorities

The difficulty in arresting the yen's slide has been made clear by the speed at which the currency has reversed direction after its spike

Asian stocks off to shaky start as US Fed flags delays to rate cuts

Much of Asia is returning from a holiday that had closed markets on Wednesday, though Chinese bond, currency and stock markets remain shut through the rest of the week

Bank of Japan upbeat on consumption, rising service prices, pay hikes

The BOJ ended eight years of negative rates and other remnants of its unorthodox policy last month

Japan's yen hits fresh 34-year low after BOJ holds interest rates

The yen also nudged down to its weakest almost 16 years at 167.38 per euro and its weakest in nearly a decade on the Australian dollar

Japan PM Kishida urges US to overcome 'self-doubt' about global leadership

PM Kishida's govt has drawn a direct line between supporting Ukraine in its defensive war against Russia as essential to deterring China from launching aggression against Taiwan

BOJ Guv Ueda rules out responding to weak yen with interest rate hike

The weak yen may push up import prices but that alone won't trigger a rate hike either, Ueda said

Japan warns against excessive volatility as yen slides near fresh lows

We don't look at currency levels in judging whether the moves are desirable or not. It's important for currency rates to move stably reflecting fundamentals

Japan PM visits chip factory, stressing ties with Taiwan, support for tech

Japanese Prime Minister Fumio Kishida visited a new semiconductor plant for which his government has pledged more than 1 trillion yen (USD 7 billion) of support to secure a steady supply of chips on Saturday. I believe this project will have positive ripple effects throughout Japan. It is key for not only the semiconductor industry but also a wide range of businesses such as electric vehicles and electronics, he said while touring the facility. The new plant on the southwestern island of Kyushu, majority owned by the Taiwan Semiconductor Manufacturing Co., is the Taiwanese semiconductor giant's first in Japan. Kishida also expressed sympathy to Taiwan following an earthquake that left at least 12 people dead. Japanese companies like Sony, Denso and Toyota are investing in the TSMC subsidiary that opened the plant in February, although the Taiwanese giant retained an 86.5% stake in the Japan Advanced Semiconductor Manufacturing Company. The project underlines Japan's hopes to regain

BOJ Guv Kazuo Ueda signals chance of rate hike if yen moves affect prices

The BOJ releases fresh quarterly growth and inflation forecasts at its next meeting in April 25-26. Its board also holds rate-setting meetings in June, July, October and December

Japan's economy recovers to full capacity, keeps rate hike prospects alive

The BOJ ended eight years of negative interest rates and other remnants of its unorthodox policy last month

How Bank of Japan's Kazuo Ueda dismantled world's last negative rate

Both had studied at the Massachusetts Institute of Technology, Summers noted, and both shared a soft-spoken academic air but were "capable of being decisive."

Bank of Japan ends its negative interest rate policy, first hike in 17 yrs

Japan's central bank raised its benchmark interest rate Tuesday for the first time in 17 years, ending a longstanding policy of negative rates meant to boost the economy. The Bank of Japan's short-term rate was raised to a range of 0 to 0.1% from minus 0.1% at a policy meeting that confirmed expectations of a shift away from ultra-lax monetary policy. The interest rate hike was the first since February 2007. The BOJ had remained cautious about normalizing monetary policy, or ending its negative benchmark borrowing rate, even after data showed inflation at about its target rate of 2% in recent months.

Toyota agrees to biggest wage hike in 25 years in sign of big pay bump

Toyota, the world's biggest carmaker and traditionally a bellwether of the annual talks, said it agreed to the demands of monthly pay increases of as much as 28,440 yen ($193) and record bonus payment