Bank of Japan (BoJ)

BoJ deflects US pressure on bonds

JAPAN - The Bank of Japan yesterday deflected pressure from the US administration to buy foreign bonds to weaken the yen by saying that any such move should be made by the ministry of finance intervening directly in the markets.

BOJ downgrades assessment for 6th month running

JAPAN - The Bank of Japan (BOJ) on Monday downgraded its assessment of Japan's economy for the sixth straight month, saying personal consumption is gradually weakening due to the negative effects of sluggish industrial production on employment and income.

Japan gov't to work with BOJ to tackle deflation

JAPAN - The Japanese government's key policy-setting panel has decided that the government will coordinate policies with the Bank of Japan in an effort to come up with solutions to tackling persistent deflation, according to a memo from the panel's…

Bank of Japan under pressure

JAPAN - The Bank of Japan was again under pressure from politicians as its two-day policy meeting began today. Worsening economic figures, despite cuts in the lending rate and injections of liquidity by the bank, have led to calls for inflation targeting.

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