Deflation

Takenaka says BOJ rate hike came too early

Japan's former economic and fiscal policy minister Heizo Takenaka has criticised the Bank of Japan in an interview published Friday 9 March for increasing interest rates in February despite continued deflation.

BoJ's Fukui on quantitative easing

In a speech given on 1 June Toshihiko Fukui of the Bank of Japan said the central bank's quantitative easing policy, which lasted for nearly five years till March 2006, helped in bringing recovery back to the deflation-hit Japanese economy.

Japan's Abe wants BoJ zero rate to stay

Shinzo Abe has urged the Bank of Japan to keep interest rates at almost zero per cent until the economy has fully emerged from deflation. Meanwhile, Kaoru Yosano also said on Wednesday 15 March that there is no gap between the government and the BoJ in…

Policy shift will be 'headache' says Watanabe

Coping with higher interest rates will pose a "headache" for the Japanese economy, and the central bank is considering how to limit the impact on bonds, according to Hiroshi Watanabe, Japan's vice finance minister for international affairs, who was…

BoJ's Fukui says watching yen move closely

The central bank will be keeping a close eye on yen movements in the wake of current volatility, Bank of Japan governor Toshihiko Fukui told a news conference in Tokyo on Friday 16 December.

Deflation looms as China's economy cools off

According to this article published Wednesday 30 November, Chinese officials seem to be pulling off an orderly deflating of their nation's economic bubble. Along with this year's deftly handled 2.1 percent revaluation of the yuan, the feat suggests…

BOJ deputy suggests 1% inflation benchmark

Bank of Japan deputy governor Kazumasa Iwata said the consumer price index needs to show a year-on-year rise of 1 pct over a period of 1-1/2 to two years to ensure that deflation is defeated, the Nikkei News Service reported.

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