Page 4 - Bank Of Japan

Japan policy blueprint focuses on green, digital, sticks to fiscal target

For next year's budget, the blueprint urged directing more resources to four areas: digital transformation, a greener society, the revival of regions and childcare support

Japan may see inflation perk up in post-Covid era, says BOJ board member

"Personally, I can't think of any new tool to directly push up prices. If there were one, we would have deployed it already," Adachi said

Japan may see inflation perk up in post-coronavirus era: Bank of Japan

The BOJ currently caps long-term interest rates around zero, and buys huge amounts of government bonds and assets to achieve its elusive 2% inflation target

Central banks to pour money into major economies despite sharp rebound

The outlook suggests officials still want to guarantee the recovery from last year's coronavirus recession by maintaining ultra-low borrowing costs and asset-buying programs

Japan gathering information on Nomura, MUFG losses linked to US client

Japan is looking into the financial losses incurred by MUFG and Nomura through deals related to an unnamed US client, and will gather and share information on the matter with the Bank of Japan

Bank of Japan debated steps to make policy sustainable to battle slowdown

Some BOJ policymakers saw early bright spots in the pandemic-hit economy even as they debated steps to make the bank's ultra-loose monetary policy more sustainable

BOJ forms panel to help guide central bank digital currency experiment

Set to begin experimenting in how to operate a central bank digital currency, the Bank of Japan said it has formed a committee bringing together policymakers and lobbyists to help with the project

Bank of Japan fine-tunes massive stimulus in long drive to boost prices

BOJ said it would allow long-term interest rates to move up and down by 0.25% around its 0% target, instead of by the current implicit band of 0.2%

BOJ widens yield target band, pledges to buy risky assets only when needed

The Bank of Japan widened the band at which it allows long-term interest rates to move around its target, as part of a raft of measures to make its ultra-easy policy more sustainable

Central banks face jumpy bond market with 10 days of policy decisions

While policy makers welcome a modest rise in bond yields as a signal of confidence in the economic outlook, they worry an unchecked jump would undercut recoveries

Japan's bank deposits rise at record pace in Feb as consumers save

Japanese bank deposits rose in February at the fastest annual pace of record, data showed on Monday, as a renewed wave of coronavirus infections prodded households to save rather than spend

Easy money = higher stocks? Think again

It seems intuitively obvious that easy money would find its way into stocks, but evidence on the ground is too thin

In a rare move, Japan sells 80 tons of gold to fill budget hole

Saddled with public debt twice the size of its economy and tax revenues hit by the pandemic-induced recession, the finance ministry is under pressure to find non-tax revenues

Bank of Japan to buy $6 billion in cash to combat potential market turmoil

The Bank of Japan has decided to tap $6 billion in cash from a government account in a rare arrangement to ensure it has enough ammunition to combat any market disruptions

World's central banks are now begging govts to power economic rebound

Without aggressive fiscal stimulus now, economies may develop deep scars that hobble growth over the longer term. That could then leave central banks unable to prepare for the next shock or recession

Bank of Japan trims growth and price outlook, keeps policy steady

As widely expected, the central bank kept monetary policy steady, including a -0.1% target for short-term interest rates and a pledge to guide long-term rates around 0%

Bank of Japan has no plan to change inflation target, says Haruhiko Kuroda

"We have no intention to change our inflation targeting policy and forward guidance," Kuroda said in an online International Banking Seminar of the Group of 30.

Central bank has plenty of tools to cushion blow from Covid: Bank of Japan

While the BOJ did not directly target exchange rates in guiding policy, the central bank was carefully watching yen moves due to their impact on Japanese price moves

Some in BOJ called for review of strategy to achieve elusive price goal

A few of the board members said the central bank may need to find a new approach to fire up inflation toward its 2% target, given the pandemic's sweeping impact on companies and households

Japan's August consumer prices fall at fastest pace in four years

The core consumer price index (CPI), which includes oil products but excludes volatile fresh food prices, fell 0.4% in August from a year earlier