The Bank of Japan (BoJ) is the central bank of Japan. It is a juridical person established based on the Bank of Japan Act (hereafter the Act), and is not a government agency or a private corporation.
The BOJ also released its quarterly consumer inflation report. It maintains its forecast of 2.5 percent for fiscal 2024, which started in April. But it downgraded its outlook for the next fiscal ...
Annual inflation is projected to be pushed up through fiscal 2025. At the meeting, the BoJ kept its benchmark interest rate unchanged at 0.25 percent, as widely expected. The BoJ ended its ...
“As long as I feel this way, I would like the BOJ to share our view that it needs to be cautious about raising interest rates.” Given that Japan experienced virtually no growth in wages and ...
The nine-member board also discussed how to improve the way the BOJ communicates its policy intention to markets, with one flagging the idea of disclosing each member's forecast on the future ...
At the meeting, the BoJ kept its benchmark interest rate unchanged at 0.25 percent, as widely expected. The BoJ ended its negative interest rate policy in March. Japan also will see October ...
The BOJ was blamed for amplifying a market rout in early August with its surprise interest rate hike in July, and Ueda's comments pledging to keep pushing up rates if sustainable achievement of ...
"The BOJ needs to pay due attention to the future course of overseas economies, particularly the U.S. economy, and developments in financial markets," the BOJ said in a quarterly outlook report.
Some Bank of Japan board members were skeptical of the potential merits of releasing a rate path projection similar to the Federal Reserve’s dot plot when authorities discussed the idea during ...
A weaker Leading Economic Index (LEI) could reduce investor expectations of a BoJ rate hike, potentially pushing USD/JPY toward 150. FOMC speeches could dictate USD/JPY trends before the US CPI ...