Consumer inflation in the Tokyo metropolitan area grew at a slower pace in February, cooling speculation about an early interest-rate increase by the Bank of Japan.
A gauge tracking near-term price swings in the Japanese yen climbed on Monday, approaching a six-week high as traders grappled with the prospect of more inflationary pressure on one hand and Bank of Japan warnings against a quick surge in bond yields on the other.
Bank of Japan Governor Kazuo Ueda said on Thursday he met Prime Minister Shigeru Ishiba for a regular exchange of views on the economy and financial markets.
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.
JGBs edged lower in price terms during the morning Tokyo session, weighed by fears of more BOJ rate increases.
TOKYO–Consumer inflation in the Tokyo metropolitan area eased in February, cooling speculation about an early interest-rate increase by the Bank of Japan.Consumer prices excluding volatile fresh food rose 2.
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.
Japanese bank shares have become highly popular with investors betting on rising Bank of Japan interest rates as uncertainty over the central bank's plans make the stocks a safer bet than government bonds and the yen.
The lifeline that Warren Buffett just handed Shigeru Ishiba couldn’t come at a better moment for the beleaguered Japanese prime minister.
Sticky inflation might convince the Bank of Japan to lean hawkish and increase rates earlier than expected. “An important factor is food inflation,” said Daiju Aoki, regional chief investment officer at UBS SuMi Trust Wealth Management in Tokyo.
INFLATION in Tokyo slowed more than expected as government subsidies meant to offset energy costs distorted readings, a result that is not likely to deter the central bank from considering more hikes to its benchmark interest rate.
The Bank of Japan (BoJ) is the central bank of Japan ... He graduated from the University of Tokyo with a Bachelor of Science and Mathematics and received a PhD in economics from the Massachusetts ...