Bank of Japan

Japan’s core inflation slows to 2-year low, complicates BOJ rate-hike timing

A separate index seen as a better indicator of underlying inflation also falls, but remains well above central bank’s 2% target

Japan's PM Sanae Takaichi (above) has the authority to pick a successor to Asahi Noguchi – regarded as the board’s last remaining reflationist, whose term ends in March – and Junko Nakagawa, who comes from the financial industry and will retire in June.

Japan government to submit BOJ nominees next week, list includes reflationists

The choices may affect the central bank’s discussions on the pace and timing of future rate hikes by shifting the composition of the nine-member board

The balance of reserves financial institutions hold with the Bank of Japan currently stands at around 454 trillion yen.

Japan may face upheaval of funds when BOJ hikes rates to 1%, economist says

The markets are pricing in the chance of another hike as soon as March or April

A quarter of Japan’s total spending is funded by debt, of which roughly half is held by the BOJ after years of heavy money printing to reflate the economy.

IMF urges Japan to keep raising rates, avoid reducing sales tax

With inflation exceeding its 2% target for nearly four years, the BOJ has signalled its readiness to keep hiking rates

The Bank of Japan raised its short-term policy rate to 0.75 per cent in December and has signalled its readiness to keep pushing up borrowing costs.

Former Japan currency chief says FX intervention should be backed by rate hikes

Nakao warned that the yen could weaken further if the BOJ was slow to raise interest rates

Japanese Prime Minister Sanae Takaichi is widely seen as having backed down from attempting to dissuage officials from hiking in December in light of the risk of the currency driving up inflation.

BOJ summary suggests emerging urgency around timely rate hikes

A summary of opinions from the Bank of Japan’s (BOJ’s) January policy meeting indicated a growing awareness of the need to raise interest rates in a timely fashion as authorities monitor the impact of...

A separate index for Tokyo that strips away both fresh food and fuel costs - rose 2.4 per cent in January after a 2.6 per cent gain in December.

Core inflation in Japan’s capital slows in January

[TOKYO] Core consumer in Japan’s capital slowed to a 15-month low in January due to the effects of petrol subsidies and easing price pressure on food, data showed on Friday, a sign consumers were gett...

The BOJ increased interest rates to a 30-year high of 0.75 per cent at the December meeting.

Some in Bank of Japan saw need to watch weak-yen impact on prices in timing rate hike: December minutes

[TOKYO] A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could have on underlying inflation in deciding when to raise interest rates again, minutes of i...

The BOJ said a weak yen has an increasing impact on Japan’s inflation not just through higher import costs but through second-round effects such as the pass-through of labour costs.

Japan’s leading indicator of service inflation hits 2.6% in December

Consumer inflation has also exceeded 2 per cent for nearly four years

The BOJ kept interest rates steady on Friday but retained hawkish inflation forecasts, stressing its vigilance to price risks from a weak yen.

BOJ expects inflation to intensify as a result of weak yen

In an analysis of a weak-yen shock, it says that inflation increases in the first year of companies passing on rising import costs