Sumio Ito

Japan's yield cap not easy option for Fed: former BOJ executive

Jun 02 2019

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.

Exclusive: Scandal-tainted Suruga Bank to gain $2.2 billion credit line from BOJ - sources

Nov 02 2018

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.

EXCLUSIVE-Scandal-tainted Suruga Bank to receive $2.2 bln credit line from BOJ -sources

Nov 02 2018

* Regulators want Suruga prepared for any contingencies -sources

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.

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