Japan
BoJ's Iwata says fair competition important
Bank of Japan deputy governor Kazumasa Iwata on Thursday 7 December underscored the need to ensure fair competition between two subsidiaries of Japan Post when the 10-year postal privatisation process begins in October.
BoJ's Nishimura concerned over slow consumption
Bank of Japan board member Kiyohiko Nishimura said in a speech on Wednesday 6 December further interest rate hikes by the BoJ are expected to be "gradual" as far as inflation expectations remain low, adding he is "greatly concerned" about slow domestic…
Weak data won't deter rate rise - BoJ's Mizuno
Bank of Japan policy board member Atsushi Mizuno said in a speech Tuesday 5 December that the central bank can raise its key short-term interest rate despite recent weak economic data.
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.
BoJ cautiously optimistic on economic prospects
The Bank of Japan released a statement by Toshihiko Fukui, the governor of the central bank, on 22 November indicating moderated optimism about the country's economic prospects.
Muto says BoJ to raise rates when needed - report
The Bank of Japan would carry out an additional interest rate hike once it confirms a need to act, BoJ deputy governor Toshiro Muto said in an interview with Jiji Press published Tuesday 21 November.
Japan's economy to keep growing - minutes
The Bank of Japan reiterated plans to raise interest rates ``gradually,'' keeping pace with inflation and growth in the world's second-largest economy, minutes of a policy board meeting held last month showed Tuesday 21 November.
Bank of Japan Monthly Report, November 2006
The Bank of Japan published the English version of its November 2006 monthly report on Monday 20 November. In the report the BOJ said the Japanese economy is growing moderately.
BOJ chief sees risk assessed rate rises
The Bank of Japan will adjust interest rates gradually while ensuring its policy actions remain supportive of the domestic economy and that growth remains sustainable, BOJ governor Toshihiko Fukui said Sunday 19 November.
How far apart are two ACUs from each other?
The Bank of Japan Working Paper "How far apart are two ACUs from each other?: Asian Currency Unit and Asian Currency Union" examines the future evolution of the Asian currency arrangements from broader perspectives, including the optimal currency area…
BOJ's Fukui doesn't rule out rate rise any time
The Bank of Japan hasn't ruled out any time for raising interest rates, governor Toshihiko Fukui said Thursday 16 November.
Yen lures Swiss, Russian, NZ central banks
According to this article published Monday 13 November by Bloomberg, central banks are increasing their holdings of the yen, in anticipation of a rebound from a 20-year low.
BOJ's Fukui watching pace of carry trades
Bank of Japan governor Toshihiko Fukui said Friday 10 November the central bank is carefully watching the market for signs that the buildup or unwinding of carry trades might cause problems for the foreign exchange markets.
Fukui says Japan will adjust rates gradually
Bank of Japan governor Toshihiko Fukui said Friday 10 November Japan would raise interest rates preemptively and in small steps, and was aware of the risks of moving too late, the Yomiuri newspaper reported.
What's behind Japan's big surge?
Although the world's second-biggest economy is expected to announce record expansion, this article from BusinessWeek, published Monday 6 November, says it's mainly based on exports, and wages have not kept pace.
BOJ's Mizuno says gradual rate hikes needed
Bank of Japan policy board member Atsushi Mizuno said on Wednesday 8 November the central bank should gradually increase interest rates as long as recent weakness in economic indicators proves to be temporary.
BoJ likely to raise interest rates before year end
Speaking at a seminar in Tokyo on Tuesday 7 November, the governor of the Bank of Japan, Toshihiko Fukui, indicated that he would be in favour of raising interest rates in anticipation of higher inflation.
BOJ's Fukui on the outlook for Japan's economy
In the speech 'The outlook for Japan's economy and the conduct of monetary policy' given on 7 November Toshihiko Fukui, governor of the Bank of Japan, said exports have continued to increase against the background of the expansion of overseas economies.
Muto says BoJ monitoring corporate investment risk
Bank of Japan deputy governor Toshiro Muto told a parliamentary hearing on Thursday 2 November that the BoJ does not consider domestic corporate capital investment overheating now but will monitor it for upside risks to growth.
BoJ's Fukui says rate hike will be carefully timed
Bank of Japan governor Toshihiko Fukui said Thursday 2 November that the central bank will take monetary policy action "not too early or too late," for a second rate hike in the current gradual credit-tightening cycle.
Proposed bill gives govt powers over BOJ staff
The Democratic Party of Japan aims to revise the Bank of Japan Law so that the government can dismiss the BOJ governor and other executives if they cause distrust in central bank policy management, Jiji Press said.
BoJ Outlook for economic activity & prices, Oct 06
The Bank of Japan published the English version of its October 2006 Outlook for economic activity and prices report on 1 November. In the report the BOJ kept to its stance that it will raise interest rates gradually, warning of the risk that very low…
Japan's Next-Generation RTGS
This paper from the Bank of Japan's Payment and Settlement Systems Department provides an overview of the RTGS project and discusses how it is expected to enhance the safety and efficiency of the settlement mechanism for large-value payments in Japan.
Reserve diversification - Danger for the dollar
According to this article published Tuesday 17 October by Daily FX, Russia has reignited the hot topic of reserve diversification and this time it is to the benefit of the Yen.