Japan
IMF stockpiles funds for crisis resolution
Fund prepares for the worst with $500 billion in extra funds from a standing borrowing arrangement with selected members
BoJ dissenters deemed measures "inappropriate"
Minutes show disagreements in Bank of Japan's top ranks as country returns to growth despite deep-seated problems
Yellen: Fed won’t inflate debt away
San Francisco Fed’s Janet Yellen tells LA town hall inflation will not run rampant so long as Fed retains independence
Chiang Mai currency swap deal comes to life
Regional $120 billion currency swap arrangement between ASEAN members and east Asian powerhouses comes into force
BoJ improves payments and settlements after crisis
Bank of Japan enhances its payments and settlements systems following Lehman collapse
BoJ makes small concessions to government
Minutes from Bank of Japan’s February policy meeting show divide between policymakers on strength of economy, analysts say central stance unchanged
BoJ board split on doubling liquidity scheme
Bank of Japan fixed-rate funds operations scheme to be doubled to ¥20 trillion, two board members dissent
BoJ study: low rates not enough
Bank of Japan study shows that low interest rate commitment was insufficient in stimulating growth
Major economies must heed Greece lesson: Carmen Reinhart
Co-author of This Time is Different warns sovereigns on debt sustainability
BoJ’s Nakamura declares ordinary policy tools redundant
In a high profile speech in Fukuoka last month, Bank of Japan’s Seiji Nakamura tells business leaders that ordinary channels of the transmission mechanism are not working
Bank of Japan – Financial Markets Report
Japanese central bank’s report says Dubai crisis shed light on sensitive investors still were, notes that while accommodative policies soothe some market players, others worry about flows to emerging markets
Export recovery will lose speed: BoJ’s Yamaguchi
Bank of Japan deputy governor Hirohide Yamaguchi says pace of export and production recovery to slow, but economy will gain momentum in the summer
Corporate bond activity booming in Singapore: MAS executive director
Monetary Authority of Singapore executive director Kola Luu says the island is considered a gateway to major markets in South and East Asia
Bank of Japan – Public Opinion Survey
Japanese central bank’s survey on public views and expectations shows more expect further economic woe
Monthly report (January) – Bank of Japan
Bank of Japan sees upward pressure on corporate goods prices, increases in exports and production
IMF warns against Japanese complacency
International Monetary Fund report says Japan will face a harder task in convincing markets it can manage high debt levels in future
S&P places Japan on negative watch
Rating agency argues fiscal leverage has diminished; decision comes after central bank opts not to extend quantitative easing
Shirakawa pledges to keep policy loose
Japanese governor Masaaki Shirakawa reiterates the central bank’s commitment to tackle deflation as figures show more people expect prices to fall over 2010
Kan revives worries over BoJ-government conflict
The appointment of Naoto Kan as finance minister last week has added to the tension between government and central bank
"Lost Decade" in translation: what we learn from Japan
International Monetary Fund research asks what Japan’s Lost Decade could portend about recovery from Great Recession
BoJ discussion paper series – Dec 09
Bank of Japan finds e-money usage does not lower cash-demand
BoJ partly to blame for lost decade: CEPR paper
CEPR looks at the contribution of the stock of money to the macroeconomic outcomes of the 1990s http://www.cepr.org/pubs/new-dps/dplist.asp?dpno=7608
CentralBanking.com panel: it’s too soon to exit
Charles Goodhart, Paul Mortimer-Lee, Lucrezia Reichlin and Gabriel Stein concur that dangers are greater from exiting too early than too late but warn that asset prices risk becoming over inflated
Former Fed economist calls for more stimulus
Ex-Federal Reserve official says focus must be on providing up to $6 trillion more monetary stimulus rather than exit strategies