Bank of Japan

Iran conflict forces central banks into sharp policy rethink

IMF urges policymakers to ‘think of the unthinkable’

Japan's real wages, a key barometer of consumer purchasing power, rose 1.4 per cent in January from a year earlier.

Japan’s real wages grow for first time in 13 months, boosting BOJ hike case

Average nominal wages, or total cash earnings, increased 3 per cent year-on-year to 301,314 yen (S$2,450)

Bank of Japan governor Kazuo Ueda says that if the oil prices continue to increase, they could also push up underlying inflation.

Bank of Japan chief vows to keep raising rates with eye on Iran conflict

He says that the Middle East tensions can hurt the country’s economy through rising energy costs and market moves

The experiments will be part of a "sandbox project" under way at the BOJ to enable the use of central bank money for a range of settlements using blockchain, Kazuo Ueda said in a speech.

Bank of Japan to experiment with blockchain settlement for reserves, Governor Ueda says

Using blockchain technology would allow scope for instant settlement 24 hours a day

The yen fell further against the US dollar overnight and was trading around 157.30 yen early on Tuesday.

Japan extremely vigilant about financial markets, finance minister says

[TOKYO] Japanese authorities are closely monitoring financial markets with heightened vigilance as Middle East tensions fuel volatility, Finance Minister Satsuki Katayama said on Tuesday, adding that ...

With the weak yen pushing up import costs and broader inflation, markets had bet the BOJ could raise rates again to 1 per cent from the current 0.75 per cent as soon as March or April.

Bank of Japan deputy governor says rate hikes likely to continue

[TOKYO] Bank of Japan Deputy Governor Ryozo Himino said on Monday the central bank is expected to gradually shift to a more neutral monetary policy stance by continuing to raise interest rates.

The Nikkei logged a record 59,332.43 on Thursday, as software shares gained after investor fears over the disruption from artificial intelligence eased.

Foreign investors pile into JGBs as yields settle, BOJ hike fears ease

They buy 1.89 trillion yen of Japanese government bonds, snapping a two-week trend of net selling

The year-on-year increase in the core consumer price index, which excludes volatile fresh food costs, matched a median market forecast and slowed from a 2.4% gain in December.

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