Bank of Japan (BoJ)
Inappropriate for BOJ to buy foreign bonds
JAPAN - It is inappropriate for the Bank of Japan to buy foreign bonds as a way to ease monetary conditions as it would be viewed as foreign exchange intervention, said a former BOJ executive director Thursday.
Japan tankan survey points to prolonged recession
JAPAN - Japanese business confidence sagged for a fourth straight quarter to a near three-year low in December, a key Bank of Japan survey showed on Wednesday, as big firms braced for a long recession and slashed spending plans.
Bank of Japan Tankan Report
REPORT - Bank of Japan Tankan Report, published 12 December 2001.
Out-of-step BoJ board member helps constrain yen
JAPAN - A Bank of Japan policy board member suggested yesterday that the central bank should acquire at least Y200bn ( £1.1bn) of foreign bonds every month in an attempt to fulfil its legal duty to stabilise prices.
Speech by Yutaka Yamaguchi of the Bank of Japan
SPEECH - Speech given by Yutaka Yamaguchi, Deputy Governor of the Bank of Japan at the Economic Seminar of the Japan Research Institute, on 26 November.
Notice from the Bank of Japan
NOTICE - The Bank of Japan has redesigned its web site, 3 December.
BOJ to cut annual salary for executives by 0.4%
JAPAN - The Bank of Japan (BOJ) said Friday it will cut the annual salary of its executives for this fiscal year by 0.4% from the previous year.
Risk-averse BoJ shuns unorthodox economic measures
ARTICLE - Bank's board meeting today is not expected to yield significant action, reports the London FT 29 November.
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.
Hayami: Econ ministers didn't discuss BOJ policy
JAPAN - Bank of Japan Governor Masaru Hayami said Wednesday economic ministers didn't discuss monetary policy at a regular meeting earlier in the day.
Hayami: No talk of monetary policy at econ council
JAPAN - Bank of Japan Governor Masaru Hayami said after a meeting of the government's Council on Economic and Fiscal Policy on Friday that the council did not discuss monetary policy.
BOJ Suda - Weak yen is remedy to stop price falls
JAPAN - Bank of Japan board member Miyako Suda said Monday she believes a weak yen is an appropriate remedy to stop Japan's price declines.
Bank of Japan is pressured to take action
JAPAN - Japanese lawmakers tightened the screws on the Bank of Japan by advancing legislation that would force it to take more aggressive action to stimulate the world's second-largest economy.
Japan Shiokawa/ Hayami: Reiterate need to reflate
JAPAN - Japanese Finance Minister Masajuro Shiokawa told Bank of Japan Governor Masaru Hayami on Friday he wants the BOJ to boost consumer prices back to levels seen before Japan was gripped by deflation.
BOJ: Don't plan to weaken Yen by intervention
JAPAN - The Bank of Japan has no plan to intervene in currency markets to weaken the yen as a way to ease Japan's debilitating deflationary conditions, a senior BOJ official said Wednesday.
Bank of Japan Monetary Policy Meeting
REPORT - Bank of Japan Monetary Policy Meeting, 29 October. Outlook and Risk Assessment of the Economy and Prices (October 2001).
Bank of Japan Monetary Policy Meeting
REPORT - Bank of Japan Monetary Policy Meeting, 29 October. Announcement of the Monetary Policy Meeting decisions (unchanged).
Bank of Japan warns of recession
JAPAN - The Bank of Japan has acknowledged the world's second largest economy will shrink this year by cutting a growth forecast for 2001 that many economists have long viewed as unrealistic.
Speech by Yutaka Yamaguchi of the Bank of Japan
SPEECH - Remarks by Yutaka Yamaguchi, Deputy Governor of the Bank of Japan, at the JCIF International Finance Seminar on 17 October.
BOJ Mitani: Econ close to deflationary spiral
JAPAN - Many companies in Western Japan think the economy is on the verge of a deflationary spiral, the manager of the Bank of Japan's Osaka branch said Monday.
Hayami says Greenspan against inflation targeting
JAPAN - Bank of Japan Governor Masaru Hayami said on Thursday U.S. Federal Reserve Chairman Alan Greenspan had told him the U.S. central bank chief was opposed to the idea of setting an inflation target for central banks.