Japan
Bank of Japan Monthly Report, January 2007
The Bank of Japan published the English version of its January 2007 monthly report on Monday 22 January. In the report the BOJ left its assessment of economic and financial developments largely unchanged, saying the economy continues to expand moderately.
Fukui on future challenges for Asian economies
In a speech given on 22 January Toshihiko Fukui of the Bank of Japan called for the monetary authorities in Asia to forge closer links to limit the effect of massive money flows into the region.
Why did the Bank of Japan freeze interest rates?
According to this article published by MoneyWeek on Monday 22 January, the Bank of Japan's decision last week to hold interest rates steady has unleashed a storm relating to its independence from political pressure.
Fukui says BoJ not bowing to pressure
The Bank of Japan will try to change interest rates slowly but has no timetable for such moves at present, central bank governor Toshihiko Fukui said Thursday 18 January.
Theater of the absurd surrounds BOJ's decision
According to this article from Bloomberg, published Wednesday 17 January, the Bank of Japan may be about to lose even more of the credibility is has worked to restore.
Kyodo says BOJ unlikely to raise rates this week
The Bank of Japan is unlikely to raise interest rates at this week's policy meeting, Kyodo news agency reported on Tuesday 16 January, quoting "sources familiar with the matter".
Tarisa says BoT created 'uncertainty'
The Bank of Thailand deliberately created "uncertainty" in the foreign exchange market to drive out speculators from Japan and the U.S. when it imposed curbs on investment, governor Tarisa Watanagase told Bloomberg in an interview Monday 15 January.
Economy minister calls on BoJ to hold rates steady
Japan's economic and fiscal policy minister Hiroko Ota on Monday 15 January called for the Bank of Japan to hold interest rates unchanged ahead of its meeting this week.
BoJ's Fukui says economy expanding moderately
Bank of Japan governor Toshihiko Fukui reiterated Friday 12 January that the economy is still growing gradually and that he expects the recovery to continue.
Bank of Japan seen leaning toward raising rates
The Bank of Japan is leaning towards raising interest rates at next week's policy board meeting, with consumer spending remaining firm and worries of a US economic slowdown receding, the Nikkei reported Friday 12 January, without citing sources.
BoJ's Hayakawa says economy still expanding
The Japanese economy is expanding moderately and inventory adjustment in the information technology sector appears to be temporary, a senior official of the Bank of Japan said Wednesday 10 January.
BoJ's Muto says rate hikes support growth
A hawkish monetary policy by the Bank of Japan would be consistent with Prime Minister Shinzo Abe's emphasis on pro-growth policies, central bank deputy governor Toshiro Muto told the Nikkei daily on Wednesday 3 January.
PBOC's Wu expects Fed rate cuts in 2007
The US Federal Reserve is expected to cut rates in 2007 and that will reinforce the dollar's downwards bias and the yuan's tendency to rise, a senior Chinese central banker was reported by the Financial News as saying.
BoJ's Fukuma on economic & financial developments
In the speech 'Recent economic and financial developments in Japan' given on 24 November Toshikatsu Fukuma of the Bank of Japan said Japan's economy continues to experience a sustained period of moderate expansion with domestic and external demand…
BoJ's Fukui on developments in Japan's economy
In the speech 'Developments in Japan's economy in 2006 and the outlook for 2007' given on 25 December Toshihiko Fukui of the Bank of Japan said Japan's economy is expected to continue its moderate expansion in the coming year.
Report says BoJ to consider rate rise this month
The Bank of Japan will likely consider raising interest rates as early as this month, the Yomiuri newspaper reported on Monday 1 January.
BOJ minutes show divergence with markets on views
Minutes from the Bank of Japan's 15-16 November policy board meeting published Friday 22 December showed some members saw a "divergence" between the central bank and market participants over how to assess the economic climate in light of some weak data.
Bank of Japan Monthly Report, December 2006
The Bank of Japan published the English version of its December 2006 monthly report on Thursday 21 December. In the report the BOJ said the economy continues to expand moderately although growth in consumer spending has been modest.
BoJ's Fukui says prices, spending weaker
Bank of Japan governor Toshihiko Fukui said Tuesday 19 December that the consumer price index and private consumption have recently been weaker than the BoJ had thought a few months earlier.
BOK's Rhee says won to fall v dollar in 2007
South Korea's won ``has peaked'' according to a Bank of Korea official, and is poised to weaken versus the dollar in 2007.
BoJ poised to leave rates unchanged - report
The Bank of Japan is expected to keep interest rates unchanged next week in its final policy board meeting for 2006, the Nihon Keizai Shimbun reported Wednesday 13 December, without citing sources.
Bank of Japan's headwinds complicate recovery
According to this article from Bloomberg, published Tuesday 12 December, there is probably no one more disappointed than Bank of Japan governor Toshihiko Fukui about Japan's slow growth.
BoJ's Iwata on monetary policy in Japan
In the speech 'The role of money and monetary policy in Japan' given on 10 November Kazumasa Iwata of the Bank of Japan said the BoJ's new framework introduced two perspectives on examining economic activity and prices.
BoE to launch credit conditions survey
The Bank of England announced Monday 11 December it will launch a quarterly survey of credit conditions in the UK covering mortgage lending, unsecured lending to households and corporate lending.