TOKYO, Jan 28 (Reuters) - The Bank of Japan will likely raise interest rates again around June or July, and seek to triple its policy rate to at least 1.5% in the next two years, former BOJ board ...
Under its current guidance, the BOJ pledges to continue raising its short-term policy rate if economic and price developments move in line with its forecasts. "For the BOJ, there's really not much ...
BOJ executives probably want to raise short-term rates at least to 1.5% by the end of fiscal 2026, so they have scope to reduce borrowing costs when the economy faces another downturn, Sakurai said.
TOKYO – The Bank of Japan (BOJ) made a significant step towards shrinking its massive balance sheet in the week of Jan 20, while market watchers were fixated on the biggest interest rate ...
The program’s outstanding loans stood at ¥77 trillion ($496 billion) as of Jan. 20, accounting for around 10.4% of the central bank’s overall balance sheet, according to BOJ data.
Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that underlying inflation is still somewhat below 2%. Ueda added that the Japanese central bank would maintain an accommodative policy to ...
If the BOJ continues to raise the rate, it will become close to the so-called neutral rate of interest, which neither stimulates nor cools the economy. The BOJ expects to raise the policy rate to ...
While consumer inflation has moved above the BOJ's 2 per cent target recently, the increase was driven mostly by cost-push factors such as rising food and fuel prices that will likely dissipate ...
The remarks, which echo those made by BOJ Deputy Governor Ryozo Himino on Tuesday, pushed up the yen as markets continued to price in the chance of a rate hike at the bank's next policy meeting on ...
But core inflation fell close to 1 pct in August, raising concerns that the country may not achieve the BOJ's target of 2 pct inflation. At a policy meeting on Oct. 7, then BOJ Deputy Governor ...
The Bank of Japan is likely to have two women on its decision-making board for the first time, marking a modest step toward improving gender diversity at the central bank as it struggles to catch ...