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Sumio Ito

BOJ may project inflation missing its target for three more years: sources

Jul 13 2018

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.

Bank of Japan seen cutting price forecasts as inflation expectations stall

Jul 03 2018

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.

BOJ's Wakatabe sees no need to adjust policy to counter side-effects of YCC

Jun 28 2018

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.

Regulatory battle heats up over future of Japan's regional banks

May 07 2018

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.

Japan jobless rate hits 25-year low, inflation ticks up

Mar 01 2018

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.

Japan FSA prods banks to accelerate anti-money-laundering steps: sources

Feb 23 2018

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.

BOJ should stick with 'Abenomics', whoever next governor is: Japan PM adviser

Jan 30 2018

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.

BOJ says low rates hurting banks but woes won't ease post-stimulus

Dec 25 2017

TOKYO Prolonged ultra-easy monetary policy is weighing heavily on Japanese bank profits but financial institutions should not expect business conditions to brighten dramatically even after the central bank raises interest rates, a senior Bank of Japan official said.

Japan November wholesale prices rise at fastest pace in nine years

Dec 11 2017

TOKYO Japan's wholesale prices rose an annual 3.5 percent in November, the fastest rate in nine years, the Bank of Japan said, in a sign that rising global commodity costs were driving up corporate expenses.

IMF, BOJ member say Japan needs to keep stimulus running

Nov 08 2017

TOKYO/MIYAZAKI, Japan The IMF on Wednesday urged Japan to maintain its massive monetary stimulus to boost consumer prices, a view echoed by a central bank board member, reinforcing expectations policy will remain accommodative.

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