Tag

Japan Economy

All articles tagged with #japan economy

economy3 months ago•2 min saved

Japan's Inflation Eases Amidst Stable Yen and BoJ's Steady Rates

The Bank of Japan kept its interest rate steady at 0.5% amid Japan's core inflation dropping to its lowest since November 2024 at 2.7%, with inflation expectations rising moderately. Despite signs of economic resilience, including above-expected GDP growth and a U.S.-Japan trade deal, inflation driven by high rice prices and global trade concerns are fueling calls for potential rate hikes, with some analysts predicting a possible increase in October.

via CNBC|

#bank-of-japan #economy #inflation

economy7 months ago•2 min saved

Bank of Japan to Reduce Bond Purchases Less Aggressively Amid Growth Concerns

The Bank of Japan announced it will slow its government bond purchase reductions starting April 2024, while maintaining interest rates at 0.5%, amid economic growth uncertainties and persistent inflation above its 2% target, with the economy showing signs of slowdown and contraction.

via CNBC|

#bank-of-japan #bond-purchases #economy

economy2 years ago

BOJ Governor Ueda Signals Willingness to Ease Further Amid Uncertainties

Bank of Japan Governor Haruhiko Kuroda stated that the central bank will not hesitate to implement additional easing measures if necessary, as the Japanese economy gradually recovers. Kuroda emphasized the need to closely monitor financial and foreign exchange market movements, as well as their impact on the economy and prices. He also highlighted the importance of assessing whether prices will rise in the future and maintaining a focus on the wage-price virtuous cycle. However, the decision on further action may be delayed until the outcome of the spring wage negotiations in March or April next year.

via ForexLive|

#boj #easing-measures #economy