But that process at times could be difficult," Ueda said. Ueda's remarks followed the BOJ's decision last month to raise short-term interest rates to 0.5%, a level unseen in Japan for 17 years ...
As such, we must support economic activity with loose monetary policy," Kazuhiro Masaki, director-general of the BOJ's monetary affairs department, told parliament. "Having said that, we will ...
Inflationary risks were building up as companies continue to pass on rising raw material and labour costs, which required lifting the BOJ's policy rate to levels deemed neutral to the economy ...
Based on his own assessment, Hayakawa said he sees the BOJ’s terminal rate in this cycle somewhere around 1.5%. That’s higher than most analysts’ view, although it’s in line with a ...
Bank of Japan (BOJ) Governor Kazuo Ueda said Friday the central bank must maintain an accommodative monetary policy to support economic growth and ensure the underlying inflation gradually moves ...
BANK of Jamaica (BOJ) Governor Richard Byles has hinted that the central bank is contemplating legal recourse to get commercial banks to move interest rates in line with similar movements by BOJ.
A quarter-percentage point hike in the overnight rate to 0.5% would also be the biggest increment since 2007 as the BOJ makes steady progress toward normalization just as the Federal Reserve and ...
BANK of Jamaica (BOJ) says it has received a recommendation from at least one deposit-taking institution (DTI) that, if enacted, will result in automated banking machines (ABMs) being deployed to ...
Japan has “completely” ended deflation and it’s absolutely natural for the central bank to proceed with rate hikes to normalize policy, according to former BOJ Governor Haruhiko Kuroda ...
In gauging whether inflation will sustainably hit its target, the BOJ focuses on underlying inflation, or the broad trend of price moves that strips away one-off factors such as fuel and volatile ...
Naoki Tamura said the BOJ must raise interest rates to at least 1% by the second half of the fiscal year beginning in April, a remark that reinforced bets of a near-term rate hike.
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