Bank of Japan (BoJ)
BoJ paper studies factors holding workers back from switching industries
Researchers find that differences in required tasks aggravate earnings gaps and encourage workers not to move, creating frictions in the Japanese labour market
Iwata says Japan’s exports headed for a ‘moderate increase’
The ‘sluggishness in emerging economies’ has provoked ‘some weakness’ in Japan’s exports, says the deputy governor of the Bank of Japan, but this should ‘gradually disappear’
BoJ focused on ‘underlying trend of prices’
The Bank of Japan kept policy steady in August; minutes from policy board meeting reveal members’ discussion about importance of using a range of price indicators
BoJ’s Ishida homes in on private consumption
Policy board member says expectations of future income growth will have to increase if private consumption is to continue driving Japan’s economic recovery
Governors and deputies address labour market conundrums at Jackson Hole
Brazil's Tombini, Japan's Kuroda and BoE deputy Ben Broadbent offer their takes on ‘new natural' unemployment rates, weak productivity growth and central bank remedies
Can central bankers live up to their role as the guardians of finance?
Central bankers need to be the risk managers of the financial system to help mitigate the fallout from future crises. Those that engaged in the latest bouts of QE have not made a good start
Bank of Japan expects inflation to remain short of target for ‘some time'
BoJ policy board votes to continue expanding monetary base by ¥60-70 trillion annually; effects of recent decline in demand ‘expected to wane gradually'
Shrinking BoJ balance sheet will take longer post-QQE than in 2006
Economist says unwinding the BoJ’s asset purchases will take longer when QQE finishes than it did at the end of QE in 2006, because this time it is buying bonds with longer maturities
IMF endorses Japan's QQE despite slowing progress to 2% inflation target
IMF says Bank of Japan does not need to intensify its QQE programme ‘at this point’, though BoJ policy-maker Kiuchi says 2% inflation may need to be a 'long-term' goal
Kuroda says ‘prompt action’ needed to address impact of demographic changes
Bank of Japan governor tells Asian policy-makers to face up to the problems created by a shrinking working age population ‘at an early stage’
Shirai calls for mechanisms to manage policy conflict
BoJ policy board member says monetary and macro-prudential policies are not necessarily complementary; some Japanese officials view reverse repos as a macro-pru tool
BoJ board members fear structural problems behind sluggish exports
A ‘few’ members of the policy board are concerned that competitiveness issues are to blame for slow growth in Japanese exports
Robert Pringle’s Viewpoint: Start policy normalisation now!
Policy changes are needed to reduce the chances of another recession
Nakaso backs BoJ to exit QQE smoothly
Bank of Japan the only central bank with experience in exiting QE; Hiroshi Nakaso says it has an ‘extensive’ range of instruments at its disposal
Financial stability reports to become ‘a lot more important’
New research highlights ‘sizeable effects’ of financial stability reports on stock markets; speeches have become more influential since the crisis but this is unlikely to last
BoJ deputy says Abe's third arrow must hit target
Hiroshi Nakaso outlines the importance of supply-side reforms in generating stable inflation, robust growth, healthy job creation and reasonable wage hikes
BoJ minutes reveal concern over supply-side issues
Policy board members say that while QQE is supporting higher levels of demand in the economy, it is also contributing to supply-side problems such as labour shortages
Carney leads central bankers in open mouth operations
ECB policy-makers make the most speeches by far, but a broader trend towards more frequent communication is confirmed by CentralBanking.com research
People: Venezuela finance minister to sit on central bank board; and more
Venezuelan finance minister gets a seat on the central bank board; Bank of Japan London representative moves home to head up international division; and more
Kuroda says 'premature' end of QE damaged BoJ credibility
Haruhiko Kuroda says the ‘somewhat premature’ ending of quantitative easing in 2006 made it hard for BoJ to gain credibility as a ‘deflation fighter’
BoJ’s Sato warns ECB about deflation risk
Bank of Japan policy board member says markets’ short- and medium-term inflation expectations have ‘started to decline somewhat’ in the eurozone
IMF says Japan's 'aggressive' QQE could be needed for ‘extended period’
The Bank of Japan may have to keep QQE running for ‘an extended period of time’ according to the IMF, and should consider providing forward guidance on its asset purchases
BoJ’s Shirai forecasts inflation dip
Sayuri Shirai believes annual CPI inflation will only reach the 2% target at the end of 2016 – making the forecasts more cautious than the BoJ’s baseline
Kuroda: rising inflation expectations feeding into wages
Tightening labour market conditions and higher inflation expectations are both serving to increase wages, Kuroda tells Tokyo audience