Bank of Japan (BoJ)
Japanese consumers to keep economy floating
The International Monetary Fund predicts an economic expansion in Japan of 2.3% this year, followed by 1.9% in 2008.
Monetary operations in China
This Bank of Japan Working Paper suggests that the People's Bank of China's money market operations have been focused mainly on China-US interest rate differentials for the sake of stability in the Renminbi exchange rate after the July 2005 reform.
How do we manage the reserves held by the Bank of Japan?
Toshio Idesawa of the bank of Japan explains how the central bank's approach to managing its reserves is changing
Cautious Fukui on rates outlook
Toshihiko Fukui, the governor of the Bank of Japan, said that the central bank "will proceed with gradual rate hikes" in this speech, given on 27 August.
Questions Governor Fukui still needs to answer
Unanswered questions arising from the Murakami affair still threaten the Bank of Japan's credibility, writes Hisashi Harui
The Bank of Japan’s high-wire act
An end to deflation is in sight, but Japan’s monetary-policy makers still fear the dangers of a collapse of the yen and of the bond markets, says Andrew Smithers.
Comment: BoJ and inflation targeting
As the Bank of Japan's "quantitative easing" policy nears its end, the question of whether the central bank may soon set an explicit inflation target is being hotly debated. Although the BoJ is still resisting the adopting the framework, the tide may…
Comment: Japanese spat threatens recovery
Japanese policymakers face enormous challenges over the coming months as the country's economy edges towards normality. One of the key issues is how to coordinate the need for both fiscal and monetary tightening. Judging by recent developments, the…
Japan’s debt dilemma
After years of stagnation, Japan’s economy is at last stirring. Yet rising yields threaten new financial crises. Anthony Rowley reports.
Japan's Fukui on New Path of Growth
On 11 November Toshihiko Fukui, governor of the Bank of Japan, gave a speech entitled "Toward a New Path of Growth for the Japanese Economy" based on the Bank's October Outlook Report at the Kisaragi-kai meeting in Tokyo.
Central bankers welcome Fed nominee
Following Ben Bernanke's nomination to succeed Alan Greenspan as chairman of the Federal Reserve, central bankers were out in force this week to welcome the move.
Fukui positive on economy, inflation
In a statement before a parliamentary committee on August 2, the governor of the Bank of Japan, Toshihiko Fukui, spoke of the country's improving economic situation and how the central bank's policies were adapting.
Central banking joins the internet age
The internet provides opportunities – but also risks – for central bank services. The authors explain how the Bank of Japan moved over to the net.
Flexibility in liquidity target says BOJ's Suda
Speaking on Wednesday Bank of Japan Policy Board member Miyako Suda said the central bank may need to be more flexible regarding its liquidity target when cash demand is low in the market.
Bank of Japan Minutes, 16 & 17 Dec 2004
The Bank of Japan's minutes from its 16 and 17 December Monetary Policy meeting revealed that board members see four negative side-effects of the BoJ's current super-loose credit policy.
Bank of Japan Minutes, 17 &18 Nov 2004
The Bank of Japan's minutes from its 17 and 18 November 2004 Monetary Policy meeting revealed that members concurred that Japan's economy continued to recover as a whole, although the increase in exports and production seemed to be coming to a pause…
Bank of Japan Monthly Report, November 2004
The Bank of Japan released the English version of its November 2004 monthly report on 22 November. In the report the BOJ downgraded its assessment of exports and production in its report but maintained its overall view that the country's economy was on…
Reviewing US monetary policy in disinflation era
This Bank of Japan Working Paper reviews the experience of US monetary policy from 2000 to shed some light on issues regarding the effectiveness of monetary policy in a low inflation era. Result shows that the observed financial market response to the…
Ex-BOJ official says G7 to share views with China
The Group of Seven major economies are likely to seek to share views on the world economy with China in a financial meeting later this week rather than to negotiate on any specific issues, a former Bank of Japan executive has said.
Bank of Japan's Monetary Policy Meeting Minutes
Some members of the Bank of Japan Policy Board expressed concerns at a Feb. 4-5 meeting that there were nervous movements in the currency market and that the dollar might depreciate further, according to the meeting's minutes released on Friday 19 March.
The ECB's new headquarters may bring image change
This article looks at the ECB's new HQ plans and examines other central banks' architecture. The Bank of Japan's main office looks suspiciously like the Bank of England which has a grand, imperial flavour, it says. Then there's the Federal Reserve with a…
Bank of Japan Monthly Report, January 2004
The Bank of Japan published the English version of its January 2004 Monthly Report of Recent Economic and Financial Developments on 22 January. It raised its assessment of the economy, saying strong exports are boosting output and beginning to filter…
Minutes of BoJ monetary policy meeting
The Bank of Japan monetary policy board met on November 20 and 21. The members agreed that the economy was starting to recover gradually and voted unanimously to maintain the current guideline for money market operations with the target range of "around…
Bank of Japan's Monetary Policy Meeting Minutes
Minutes of the Bank of Japan's Monetary Policy Meeting on 9 and 10 October 2003, released 27 November. Consumer prices were basically projected to continue falling gradually although it was possible that the year-on-year decline might stop temporarily…