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 ...
"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.
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 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 ...
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 ...
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 ...
While the tight labour market is not a new trend, the BOJ's more vocal concerns about the resulting wage and inflationary pressures mean it will be more inclined to look past economic weakness as ...
Bank of Japan Gov. Kazuo Ueda raised interest rates to the highest level since 2008, avoiding market turmoil by carefully signaling his plans to investors. But that strategy carries its own risks.
BofA noted that if the BOJ does hike rates now, the market is likely to adopt the view that further hikes will be unlikely until at least after the Upper House elections later this year. “ ...