Ueda, head of the Bank of Japan, promises to keep rates low for the time being but hints at a possible rate hike in the future.

Kazuo Ueda, governor of the Bank of Japan, emphasized on Tuesday the need of maintaining a low interest rate environment for the time being but left open the possibility of a rate hike if inflation and wage growth exceeded expectations. Ueda told lawmakers that "monetary easing, now conducte...

Haruhiko Kuroda becomes less dovish as he leaves the Bank of Japan after a decade of enormous stimulus.

Haruhiko Kuroda adopted a slightly less dovish stance in his farewell speech as the head of Japan's central bank on Friday, concluding a decade of unconventional policy that included a "bazooka" of stimulus aimed at boosting inflation and sustainable growth.

Kuroda, upon h...

Kuroda, the BOJ's "bazooka" leader, is leaving down after a record term.

Haruhiko Kuroda, governor of the Bank of Japan, is stepping down after a 10-year stint marked by his famous "bazooka" of loose money policies aimed at revitalizing the country's dormant economy. Since his appointment, the central bank's assets have doubled, exceeding GDP for the...

Since the BoJ did not alter the yield range, Japanese stocks have risen by over 2%.

Even though the Bank of Japan did not alter its yield curve control strategy, shares across Asia-Pacific moved mainly higher on Wednesday. The Nikkei 225 in Japan was the best performing Asian index, rising 2.5% to end at 26,791.12. The final closing price of the Topix was 1,934.93, an increase o...

There was no indication that the Bank of Japan would take a more hawkish stance at its January meeting.

Bank of Japan stated that existing yield curve control must be maintained because of the expectation that it will take some time to achieve the 2% inflation stability target. According to Jeff Ng of MUFG, recent salary agreements will certainly sustain inflation at its elevated historical levels....

Since the Bank of Japan's December shock on the tech boost, the Nikkei has jumped to make up for its losses.

Nikkei share average reached its highest level in over a month on Tuesday, making up for all of its losses since the Bank of Japan's unexpected policy change the previous month. The gains were led by technology stocks, which followed Wall Street's momentum. The Nikkei finished at 27,299.1...

The Bank of Japan kept the yield curve's range unchanged, which led to a decline in the value of the yen.

After the Bank of Japan shocked markets by maintaining its yield curve tolerance zone at its previous level, the yen fell in value relative to the dollar. After the decision was revealed, the value of the yen dropped by as much as 2.7% versus the dollar, reaching a low of 130.35. This was the yen...

As bond yields approach the ceiling once more, the Bank of Japan may announce a significant policy adjustment this week.

With government bond rates increasing and the yen strengthening, the Bank of Japan is scheduled to hold a meeting this week, and some economists are predicting that it may abandon its yield curve management policy. The Bank of Japan surprised markets by increasing its tolerance range for 10-year ...

The Bank of Japan continues its easing program despite the strengthening yen.

Even as the yen has been under pressure from the U.S. Federal Reserve's aggressive tightening and other central banks, the Bank of Japan maintained its ultra-loose monetary policies on Friday.

The yen's collapse to 32-year lows against the dollar as a result of the disparity in ...

Why is the Bank of Japan taking this stance on interest rates?

The Bank of Japan has maintained its position despite interest rate increases by the Federal Reserve and other central banks across the world in an effort to reduce inflation.

Japan's benchmark interest rate has been negative 0.1% since 2016. The third-largest economy in the world h...

BANK OF JAPAN TO INVEST FUND TO BATTLE CLIMATE CHANGE

Highlights

• As per the statement, the Bank of Japan will he releasing a preliminary outline of its plan at its upcoming policy-setting meeting scheduled in July

According to a statement issued by the Bank of Japan on June 18, it has decided to invest a fund in order to h...

BOJ REFRAINS FROM BUYING ETFs IN MAY FOR THE 1ST TIME

Highlights –

• BOJ refrains from buying ETFs in May for the 1st time.
• BOJ removed a $55 billion annual target for purchases to make ETF buying more flexible in March.
• The BOJ's total assets quadrupled to over 700 trillion yen over t...

AIRDO CO., SOLASEED AIR TO SET UP HOLDING COMPANY IN OCT. 2022

Highlights –

• Airdo Co., Solaseed Air to set up holding company in Oct. 2022.
• To improve finances, they will reduce costs through joint aircraft maintenance and procurement of supplies.
• They have no plans to cut jobs and expect their b...

BOJ’S TOTAL ASSESTS IN FISCAL 2020 ROSE TO $6.5 TRILLION

Highlights –

• BOJ’s total assets in fiscal 2020 rose to $6.5 trillion.
• Japanese government bonds were purchased massively as part of the ultraloose monetary policy.
• The total assets rose 604.48 trillion yen from the previous year...

JAPAN’S WHOLESALE PRICES ROSE BY 3.6 PERCENT IN APRIL

Highlights –

• Japan’s wholesale prices rose by 3.6 percent in April.
• Prices for oil and coal products rose 39.3 percent.
• Due to the strong demand for nonferrous metal in China, its prices surged 35.2 percent.
• From the ...

JTB CORP. TO BOOST ITS CAPITAL THROUGH DEVELOPMENT BOJ FUNDING

Highlights –

• JTB Corp. to boost its capital through Development BOJ funding.
• JTB’s capital adequacy ratio stood at 11.4 percent.
• JTB is expected to record a net loss of 100 billion yen in FY 2020.
• Preferred shares are...

BOJ TO EXAMINE ECONOMY IN 2 DAY POLICY MEETING

Highlights –

• BOJ to examine economy in 2-day policy meeting.
• The central bank is expected to keep its monetary policy unchanged.
• Tokyo and Osaka are under the third state of emergency currently.
• The BOJ in January predicted...

BOJ DOWNGRADED ECONMIC ASSESSMENTS OF TWO REGIONS IN THE COUNTRY

Highlights –

• BOJ downgraded economic assessments of two regions in the country.
• BOJ is worried about economic recovery from the pandemic which still remains fragile.
• The pandemic has dampened consumption, which accounts for more than...

JAPAN REPORTS A RISE IN WHOLESALE PRICES IN MARCH BY 1.0%

Highlights –

• Japan reports a rise in wholesale prices in March by 1.0%.
• Prices for oil and coal products gained 9.8 percent in March.
• Nonferrous metal prices jumped due to strong demand in China by 28.7 percent.
• The country...

BOJ WILL START FEASIBILITY STUDY ON DIGITAL CURRENCY

Highlights –

• BOJ will start feasibility study on digital currency.
• The central bank will gear up preparation to swiftly supply the virtual unit.
• 5 banking associations will be studying CBDC among few others.
• BOJ held its fi...