Japan’s lower house of parliament confirmed Junko Koeda to join the Bank of Japan’s policy board, essentially ensuring she’ll ...
Japanese nominal wages rose at the fastest pace in nearly three decades, supporting the Bank of Japan’s latest rate hike decision and keeping it on track for further tightening steps. Nominal ...
Inflation that hits daily household budgets risks exerting a drag on consumer spending, a development that would cast a shadow over the BOJ’s normalization path, said Hayakawa, who was also a ...
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 ...
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 ...
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 ...
Wage trends continue to face market scrutiny even after the BOJ’s latest decision to raise borrowing costs, as they could influence the timeline of future rate hikes. Last month the central bank ...
A hawkish member of the Bank of Japan’s policy board on Thursday called for potentially faster interest-rate increases, sending the yen to its strongest level against the dollar in eight weeks ...
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 ...