Tag: Bank of Japan
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BOJ board member says lifting 10-year bond yield cap could delay economic recovery
[ad_1] The Bank of Japan must be mindful of the risk that lifting its cap for 10-year Japanese government bond yields could interfere with the country’s economic recovery, policy board member Asahi Noguchi said Thursday. Noguchi said raising the bond yield cap could reduce the degree of monetary easing by causing a rise in long-term…
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Bank of Japan keeps ultra-low interest rates unchanged
[ad_1] TOKYO — The Bank of Japan kept its ultra-low interest rates unchanged Friday, affirming Gov. Kazuo Ueda’s policy of trying to nurture sustainable inflation. The BOJ decided to maintain its cap on the 10-year Japanese government bond yield at 0.5% and kept short-term interest rates at minus 0.1%. The yield on 10-year JGBs has…
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BOJ’s Ueda reaffirms easy policy stance
[ad_1] TOKYO — Bank of Japan Gov. Kazuo Ueda reaffirmed the bank’s easy policy stance Tuesday, a few days before his first policy-setting meeting as new governor. “Given current economic, price and financial conditions, it is appropriate to continue monetary easing with current yield curve control,” Ueda told a parliamentary committee. He said the… [ad_2]…
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BOJ will continue monetary easing for now, Ueda says, as inflation to slow soon
[ad_1] TOKYO — Bank of Japan Gov. Kazuo Ueda said Monday that he would continue monetary easing for the time being because he expects inflation to start slowing down soon. “Trend inflation is still below 2% so we need to continue monetary easing,” Mr. Ueda told a parliamentary committee. He said inflation would likely fall…
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BOJ’s Ueda tells G-20 that Japan will keep easing monetary policy
[ad_1] Bank of Japan Gov. Kazuo Ueda said he told the Group of 20 forum that the bank needs to maintain its monetary policy easing stance, with inflation expected to slow soon. Japan’s consumer inflation, which was at around 3% in February, is expected to fall below the bank’s 2% target toward the latter half…