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Japan TimesThe governor left the hospital on Friday after treatment that began June 9. Officials said the governor will resume duties Tuesday while continuing outpatient care for two weeks.
japantoday.comA Bank of Japan official stated that underlying inflation could rise above the 2% target. The official said delayed adjustments to monetary easing could require faster rate hikes later.
Japan TimesMakoto Sakurai, who served on the Bank of Japan board from 2016 to 2021, said the central bank will probably increase its benchmark rate at the June 15-16 meeting. He stated that delaying action could leave policy behind the curve amid inflation pressures and uncertainties from t…
CnbcU.S. Treasury Secretary Scott Bessent met with Japanese officials amid recent yen volatility and signaled that the strength of Japan's economy should be reflected in its exchange rate. Economist Martin Schulz said Bessent is not entirely negative on Japan's currency intervention…
BenzingaJapanese officials issued a warning about speculative trading in the yen last week, prompting a 3% one-day gain in the currency. The Bank of Japan followed with intervention that cost up to $35 billion, according to central bank accounts. The U.S. dollar traded around 157 yen aft…
BloombergJapanese workers’ real wages rose in March for a third consecutive month, data showed on Friday. The increase bolsters the Bank of Japan’s case for further interest rate hikes even as the Middle East conflict clouds the economic outlook. The figures mark a continued turnaround fr…
Substrate placeholder — needs reviewThe Bank of Japan released minutes from a recent policy meeting in which one member highlighted the risk that the central bank could unintentionally fall behind the curve on inflation. The same member said particular attention should be paid to upside risks to prices. The comment…
rte.ieThe Bank of Japan released minutes from a recent policy meeting showing officials believe repeated economic shocks could necessitate further action. Policymakers emphasized the need to closely examine underlying inflation trends. The central bank continues to monitor developments…
Bank of Japan policymakers said that if supply shocks from the Middle East prove temporary, the central bank should focus on underlying economic trends and look through the impact. The comments reflect internal discussions on how to balance external price pressures with domestic…
Concerns over elevated oil prices are intensifying inflation worries in Japan. The Bank of Japan has recently intervened to bolster the yen, which had reached a roughly 40-year low. This move comes amid broader economic pressures in the region.
SemaforAsian economies have demonstrated resilience following the energy disruption caused by the Iran war, according to a Goldman Sachs report. This is attributed to improved energy efficiency and faster electrification of transport. However, the Bank of Japan anticipates higher inflat…
rte.ieThe Bank of Japan announced it would maintain its benchmark interest rate at the current level, with three of nine policymakers dissenting. The yen strengthened against the dollar following the decision. This comes amid ongoing economic considerations including inflation and curr…
BloombergThe Bank of Japan is anticipated to keep its interest rates unchanged during its upcoming meeting. This decision comes amid concerns over the yen's value nearing levels that previously led to interventions. Governor Kazuo Ueda faces the task of addressing these developments in co…
Bank of Japan Governor Ueda stated that the current energy-driven shock is increasing prices while negatively affecting growth. He noted that the appropriate response would depend on the shock's duration and prevailing economic conditions. The comments highlight ongoing challenge…