Page 4 - Bank Of Japan

Paving way for end to negative rates, Japan Inc to offer big wage hikes

Unions across industries, including automobiles, electronics, metals, heavy machinery and the service sector have all demanded hefty pay hikes.

Bank of Japan leaning toward exiting negative rates in March: Report

Upon ending negative rates, the central bank is also likely to overhaul its massive stimulus programme that consists of a bond yield control and purchases of riskier assets, they said

BOJ Governor Kazuo Ueda keeps upbeat view on inflation, wage outlook

He added that Japan was in a "state of inflation," rather than deflation, and is likely to see prices keep rising

Bank of Japan meeting gives yen a jolt, euro dips amid global volatility

After that excitement, however, the yen last traded flat on the day at 148.0 per dollar, having been as weak as 148.6 and as strong as 146.9

BOJ signals conviction on hitting inflation target in hawkish tilt

BOJ Governor Kazuo Ueda gave no hints on whether the bank would pull short-term interest rates out of negative territory at its upcoming meetings in March or April, as many economists expect

Against expectations, Japan's budget expected to remain in Red in FY25

Japan's primary budget has largely been in deficit in the postwar era with the exception of the asset bubble period between 1986 and 1991

BOJ considers lowering FY2024 inflation outlook to mid-2% range: Report

The central bank's latest inflation outlook for the year starting April stands at 2.8%, in the last report released in October

Dollar dips across board as traders stay fixed on US rate cuts next year

The dollar index, which measures the U.S. currency against six rivals, fell to a fresh five-month low of 100.61. The index is on course for a 2.7% decline this year

BOJ Governor Ueda sees benefits of positive inflation on policy process

"I believe that greater economic stability as a result of securing room for monetary policy responses will have significant positive effect on firms as they formulate their business plans," Ueda said

Euro stocks rise, yen falls after BOJ sticks to ultra-easy monetary policy

In a widely expected move, the Bank of Japan kept its ultra-low interest rates unchanged. It also made no change to its dovish policy guidance.

BoJ keeps negative interest rate unchanged, says watching wage trends

The Bank of Japan kept its longstanding easy credit policy unchanged on Tuesday, saying it will watch price and wage trends before raising its negative benchmark interest rate. The BOJ policy decision was widely expected. But investors and analysts believe the central bank is tip-toeing toward a shift due to price increases that have left inflation above its 2% target. The U.S. dollar gained against the Japanese yen and stock prices surged after Tuesday's decision. The benchmark rate of negative 0.1% is meant to encourage banks to lend more and businesses and consumers to borrow more to spur the economy, the world's third-largest. The central bank also has purchased trillions of dollars worth of government bonds and other assets as part of its strategy of injecting more cash to spur growth as the Japanese population shrinks and grows older. Inflation has risen in Japan but at a much slower pace than in the U.S. and other major economies, most recently at about 3%. At the same time,

Yen clings on to gains ahead of key BOJ decision; dollar slips (Updated)

The recent burst of risk appetite has given the Australian and New Zealand dollars in particular a leg up, with both nudging towards five-month highs on Monday.

BOJ survey highlights strong bond market strains from ultra-easy policy

Former Governor Haruhiko Kuroda deployed QQE in April 2013, aiming to shock the public out of a deflationary mindset with heavy money printing, and fire up inflation to the bank's 2% target

NIIF launches $600 mn India-Japan bilateral fund in collaboration with JBIC

Fund aims investments renewables, e-mobility, and circular economy

Bank of Japan keeps ultra-loose policy, dovish guidance; yen skids

The BOJ's decision contrasts with those of U.S. and European central banks, which in recent meetings have signalled their resolve to keep borrowing costs high to rein in inflation

Yen jumps on Bank of Japan's comments; dollar dips as US inflation ease

The dollar softened ahead of U.S. inflation data due on Wednesday, with the Federal Reserve widely expected to pause its interest rate hikes

Was premature to tighten monetary policy as inflation driven by import: BOJ

Tightening monetary policy before rising prices are accompanied by higher wages would hurt domestic demand and corporate profits, Nakamura said

China is losing out as global funds chase returns in Japanese stocks

Foreign buying of Japanese equities has exceeded that of Chinese peers for the first time since 2017, according to a Goldman Sachs Group Inc. report

BOJ loosens tight grip on rates as prices rise, markets bet on bigger pivot

At a two-day policy meeting that ended on Friday, the BOJ kept unchanged its short-term interest rate target at -0.1% and that for the 10-year government bond yield around 0%

Japan's central bank retains interest rate, will fine-tune bond purchases

Japan's central bank opted Friday to keep its benchmark interest rate at minus 0.1% but said it will fine-tune its bond purchases to allow greater flexibility. The Bank of Japan said that extremely high uncertainties for the economy and prices required a more nimble approach than its previous policy. It said it would offer to buy 10-year Japanese government bonds at 1% each business day, instead of the upper limit of 0.5% that was imposed under its yield curve control program. It said its aim is still to keep long-term interest rates near zero percent. The BOJ has been under pressure to adjust its policies as Federal Reserve and other major central banks have raised interest rates to curb inflation. Japan's inflation rate has lagged those in the U.S. and Europe but is now over 3%, adding to those pressures. Meanwhile, the gap between Japan's negative benchmark rate and rates in the U.S. has caused the Japanese yen to weaken against the U.S. dollar, adding to price pressures in Jap