Bank of Japan (BoJ)
Inflation target an option but not now - Hayami
JAPAN - Bank of Japan Governor Masaru Hayami said on Wednesday that the central bank may consider an inflation-targeting policy in the future but not at the moment as Japanese prices continue to fall.
Hayami says BOJ has more policy options
JAPAN - Bank of Japan Governor Masaru Hayami said on Tuesday the BOJ had more policy options up its sleeve to fight deflation, suggesting more unconventional steps are being considered to dig the economy out of its rut.
BoJ to buy $16bn of banks' shareholdings
JAPAN - The Bank of Japan on Friday said it would buy yen 2,000bn ($16.5bn) of banks' shareholdings to make them less vulnerable to stock market swings.
Takenaka calls on BoJ to help fight deflation
JAPAN - Heizo Takenaka, Japan's economy minister and the new head of the Financial Services Agency, on Wednesday called on the Bank of Japan to co-operate with the government on tackling deflation.
Anti-deflation drive sparks BOJ fear over autonomy
ARTICLE - The central bank gets the jitters now that finance chief Takenaka takes up its challenge on economy. The Bank of Japan is worried that the government's latest campaign to stamp out deflation and buoy the economy will compromise its autonomy.
BOJ's Hayami- Utmost being done on monetary policy
JAPAN - Governor of the Bank of Japan Masaru Hayami said on Monday that the central bank is doing its utmost to ease credit conditions.
Tankan poll shows economic recovery slowing
JAPAN - Japan's economic recovery slowed over the July-September period, the Tankan quarterly survey on business confidence released Tuesday by the Bank of Japan (BOJ) has shown.
Bank of Japan Monthly Report, September 2002
REPORT - The Bank of Japan published its Monthly Report of Recent Economic and Financial Developments, September 2002, on 20 September. In its report the Bank of Japan left its assessment of the Japanese economy unchanged for the second consecutive month…
Minutes of Japan's Monetary Policy Meeting
MINUTES - Minutes of the Bank of Japan's Monetary Policy Meeting on 8 and 9 August 2002, released 24 September. On the current state of Japan's economy, members concurred that despite persistent weakness in domestic demand and increasing uncertainty…
BoJ plans radical share buying idea to aid banks
JAPAN - In an unprecedented move, the Bank of Japan on Wednesday said it planned to buy shares from banks directly in an effort to prop up the faltering stock market.
Bank of Japan warned, fight deflation
JAPAN - The Bank of Japan (BoJ) should cooperate with a push by the government to halt deflation, chief cabinet secretary Yasuo Fukuda said today as central bank board members convened for a two-day policy meeting.
BOJ considers easing credit further
JAPAN - The Bank of Japan is considering easing credit to give the economy a push before companies close their books for the half year ending this month, BOJ sources have said.
Tokyo defends BoJ monetary policy
JAPAN - Bank of Japan deputy governor Yutaka Yamaguchi has taken issue with the US Federal Reserve and academic critics who have argued in recent months that Japan's weak growth and deflation were made worse by erroneous central bank policies. Yamaguchi…
Bank of Japan Transparency Report
REPORT - The Self-Assessment Report on Transparency Practices for Monetary Policy, Bank of Japan, 16 August.
Minutes of Japan's Monetary Policy Meeting
MINUTES - Minutes of the Bank of Japan's Monetary Policy Meeting on 26 June 2002, released 14 August. The policy board acknowledged that most U.S. economic indicators confirmed that the country's economy continued to be on a recovery trend. The board…
Profiles of Bank of Japan Policy Board members
ARTICLE - The Bank of Japan's Policy Board discussed side effects of its huge fund injection to the money market at its 26 June meeting but concluded that the struggling economy needed the easy monetary policy, minutes showed on Wednesday.
Bank of Japan Monthly Report, August 2002
REPORT - The Bank of Japan published its Monthly Report of Recent Economic and Financial Developments, August 2002, on 13 August. In its report the Bank of Japan said the outlook for exports had become more uncertain due to unstable global stock markets…
Japan's central bank ignores IMF plea on deflation
JAPAN - The Bank of Japan ignored a call from the International Monetary Fund to act against deflation plaguing the nation's economy on Friday, keeping its ultra-loose monetary policy unchanged.
BOJ Gov Hayami to visit Osaka, Nagoya 5-6 Sept
JAPAN - Bank of Japan (BOJ) Governor Masaru Hayami will make an annual visit to the cities of Osaka and Nagoya on 5-6 September, the central bank said on Monday.
Introduction of New Series Bank of Japan Notes
NOTE ISSUE - The Ministry of Finance has decided and announced the manufacture of new series of the 10,000 yen, 5,000 yen, and 1,000 yen Bank of Japan notes in order to improve their security against counterfeiting.
Minutes of Japan's Monetary Policy Meeting
MINUTES - Minutes of the Bank of Japan's Monetary Policy Meeting on 11 and 12 June 2002, released 19 July. A few members remarked that the Bank should make clear its intention to continue the current monetary easing stance because it was important to…
BOJ head sees few reasons for further dollar fall
JAPAN - Bank of Japan Governor Masaru Hayami said on Friday that the dollar, whose weakness against the yen has alarmed Japanese authorities, did not have much reason to fall further.
Bank of Japan Press Release
PRESS RELEASE - At the Monetary Policy Meeting held today, the Bank of Japan decided, by unanimous vote, to maintain the following guideline for money market operations for the intermeeting period, 16 July.
Postal body gets BOJ online clearance
JAPAN - The public corporation that will replace the state-run postal services next April in Japan will be able to settle accounts with private banks in real time, officials said over the weekend. By gaining access to the Bank of Japan's transaction…