University professor Junko Koeda is set to become the newest member of the Bank of Japan’s policy board, a move that could further the central bank’s push toward policy normalization.
Governor Kazuo Ueda cautioned on Wednesday that persistently high food prices could impact inflation expectations. Speaking to parliament, Ueda acknowledged that rising costs of fresh foods and
Bank of Japan Gov. Kazuo Ueda promised to respond to abnormal rises in bond yields, as expectations for monetary tightening sent Japanese government bond yields to multiyear highs.
Japan’s largest opposition party wants to use the Bank of Japan’s exchange-traded funds to help cover the cost of making high school education free as part of the normalization of monetary policy, according to a party official.
Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will conduct monetary policy bearing in mind there are risks that food prices may continue to be high and affect people's inflation expectations.
The Bank of Japan needs to keep adjusting the degree of monetary accommodation in stages, policy board member Hajime Takata said as he warned about inflation risks.
Bank of Japan Governor Kazuo Ueda said he held a regular meeting with Prime Minister Shigeru Ishiba to exchange views on the economy and financial markets ahead of a Group of 20 meeting next week.
Although the Bank of Japan is raising borrowing costs and Japanese Government Bond yields are the highest in 15 years, "real" inflation-adjusted rates in the world's fourth-largest economy are actually negative and the lowest in years.
Institutional investors turned the most positive on the yen since March 2021 as speculation mounts that the Bank of Japan will raise interest rates again.
Bank of Japan Governor Kazuo Ueda said on Friday the central bank stands ready to increase government bond buying if long-term interest rates rise sharply.
Japans exports grew for the fourth straight month in January, signaling a resilient economic recovery despite looming U.S. tariff threats. Data released Wednesday showed a 7.2% year-on-year increase,