"There is still a considerable distance to the neutral interest rate" -- a level that is neither stimulative nor restrictive to the economy, BOJ Gov. Kazuo Ueda said in a press conference.
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 ...
Ueda's remarks followed the BOJ's decision last month to raise short-term interest rates to 0.5 per cent, a level unseen in Japan for 17 years, underscoring policymakers' conviction the economy is ...
Some 56% of 45 BOJ watchers expect the next hike to come in July, according to the poll conducted Monday, following the central bank’s decision Friday to bring rates up to the highest level ...
The nomination comes at a critical time for the BOJ, which last week raised interest rates to their highest since the 2008 global financial crisis on the view Japan was on the cusp of sustainably ...
The 25 basis point increase announced Friday was the BOJ's first rate hike since July 2024 and the third in a year amid broad price and wage growth. The move lifted the rate to levels not seen ...
At its two-day meeting concluding on Friday, the BOJ raised its short-term policy rate from 0.25% to 0.5% - a level Japan has not seen in 17 years. It was made in an 8-1 vote with board member ...
The board decided to raise the BOJ's short-term policy rate to 0.5% from 0.25% by an 8-1 vote. Board member Toyoaki Nakamura dissented to the decision. QUOTES: NAOYA HASEGAWA, CHIEF BOND ...
At the two-day meeting concluding on Friday, the BOJ raised its short-term policy rate from 0.25% to 0.5% - a level Japan has not seen in 17 years. It was made in a 8-1 vote with board member ...
The BOJ fumbled its communication in December, surprising investors when it left rates steady, but then telegraphed Friday's increase so unambiguously that markets had 90% priced it in and took ...
One of the Bank of Japan’s mandates is currency control, so its moves are key for the Yen. The BoJ has directly intervened in currency markets sometimes, generally to lower the value of the Yen ...