The Bank of Japan may expand stimulus this month after lawmakers escalated pressure for extra action by blocking a candidate for the bank’s board and renewing calls for a more “proactive” monetary policy. (read more here…)
TOKYO (Reuters) – It was a secret Valentine's Day mission involving only half a dozen Bank of Japan bureaucrats who worked through the weekend preparing for the central bank's February 13-14 meeting. The governor had just been publicly heckled by politicians over seemingly endless deflation and a yen near record highs. Bold steps were...
Japan’s biggest opposition party said it will reject Prime Minister Yoshihiko Noda’s central bank nominee as lawmakers press for a more aggressive monetary policy to spur growth and end deflation. (read more here…)
The Bank of Japan’s closely watched quarterly “tankan” business survey disappoints in terms of sentiment among the nation’s large manufacturers. (read the story…)
Business confidence among major Japanese manufacturers remained unchanged in March, the Bank of Japan said Monday, disappointing the market, which had expected a pick-up. (read the story…)
TOKYO (Reuters) – Japanese business sentiment was flat in the March quarter and big manufacturers expect only modest improvements in coming months, the Bank of Japan's tankan survey showed, which suggests the central bank will remain under pressure to deliver more policy stimulus. The headline index for big manufacturers' sentiment was minus 4 in...
