TOKYO Setting an explicit cap on long-term interest rates, similar to one adopted by the Bank of Japan, won't be an easy option for the U.S. Federal Reserve given the uncertainty around its impact on inflation expectations, a former BOJ executive said.
TOKYO Japan's scandal-hit Suruga Bank will receive a credit line for as much as 250 billion yen ($2.2 billion) from the country's central bank after seeing two quarters of deposit outflows, two people with direct knowledge of the matter said.
* Regulators want Suruga prepared for any contingencies
TOKYO The Bank of Japan this month might concede that inflation could fall short of its 2 percent target for as long as three more years, sources say, in what would be the strongest sign yet of acceptance that its goal cannot be reached quickly.
TOKYO The Bank of Japan is likely to cut its price growth forecasts at a policy meeting later this month as long-term inflation expectations stall, sources said, highlighting the bank's difficulty in hitting its elusive price target.
TOKYO The Bank of Japan does not need to adjust policy right now because the benefits of its yield-curve control policy outweigh any potential negative impact on commercial banks, Deputy Governor Masazumi Wakatabe said.
TOKYO Two small Japanese banks made a fresh appeal on Monday to be allowed to combine and pledged to ease antitrust concerns, as a battle between two government agencies that could shape the fate of the nation's 100-plus struggling regional banks intensified.
TOKYO Japan's unemployment rate hit a 25-year low in January and job availability stayed at a two-decade high, government data showed on Friday, offering policymakers hope a strengthening economic recovery will nudge firms into raising wages.
TOKYO Japan's financial regulator, concerned that banks are falling behind in their efforts to block money-laundering and other illicit finance, is urging lenders to do more, two people with direct knowledge of the matter said on Friday.
TOKYO The next Bank of Japan governor should maintain the central bank's ultra-accommodative stimulus, a key part of the "Abenomics" policy mix, an economic adviser to Prime Minister Shinzo Abe said.